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Mathematics, 21.04.2020 20:49 Jesser18

In a game of roulette, Jorge places 170 bets of each on the number 3. A win pays off with odds 35:1 and on any one spin there is a probability that 3 will be the winning number. Among the 170 bets, what is the minimum number of wins needed for Jorge to make a profit? Estimate the probability that Jorge will make a profit.

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In a game of roulette, Jorge places 170 bets of each on the number 3. A win pays off with odds 35:1...

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