A modified roulette wheel has 28 slots. One slot is​ 0, another is​ 00, and the others are numbered 1 through 26​, respectively. You are placing a bet that the outcome is an even number.​ (In roulette, 0 and 00 are neither odd nor​ even.)   what are the odds of winning? ____ what are the odds against winning? _____ When you bet that the outcome is an even ​number, the payoff odds are​ 1:1. How much profit do you make if you bet ​$20 and​ win? if you win, the payoff is _____ ???     How much profit should you make on the ​$20 bet if you could somehow convince the casino to change its payoff odds so that they are the same as the actual odds against​ winning?

MATLAB: An Introduction with Applications
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A modified roulette wheel has 28 slots. One slot is​ 0, another is​ 00, and the others are numbered 1 through
26​, respectively. You are placing a bet that the outcome is an even number.​ (In roulette, 0 and 00 are neither odd nor​ even.)
 
what are the odds of winning? ____ what are the odds against winning? _____
When you bet that the outcome is an
even ​number, the payoff odds are​ 1:1. How much profit do you make if you bet ​$20 and​ win?
if you win, the payoff is _____ ???
 
 
How much profit should you make on the ​$20 bet if you could somehow convince the casino to change its payoff odds so that they are the same as the actual odds against​ winning?

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Given that a modified roulette wheel has 28 slots. One slot is​ 0, another is​ 00, and the others are numbered 1 through 26​, respectively.

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