What is the chance that you come out ahead

Reference no: EM131810185

Question: In roulette, the "house special" is a bet on the five pockets 0, 00, 1, 2 and 3. There are 5 chances in 38 to win, and the bet pays 6 to 1. That is, if you place a dollar bet on the house special and the ball lands in one of the five pockets, you lose yours dollar, if you make 3000 one-dollar bets on the house special, approximately what is the chance that you come out ahead?

Reference no: EM131810185

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