Re: Roulette Edge Question
The EV of any bet in American Roulette is -5.26% of the bet.
Thats the house edge per bet.
EV of $100 bet on the Red or Black:
($100*18/38)+(-$100*20/38)= -$5.26
On average, you and your friend together are expected to lose $10.52 per round, $5.26 each.
So the answer to your question is $1052.
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