What Is the Expected Value for Playing Roulette if You Bet $10 on Red?

The expected value of playing roulette is $0.10. This is based on the fact that the house edge on roulette is 0.78%, meaning that for every $100 bet, the house will win $78.

This means that on average, a player will lose $0.78 per bet, or $8 in total.

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