00:01
A roulette wheel has 38 pockets.
00:05
One is numbered zero, another double zero, and the rest are numbered from 1 to 36.
00:09
Except for zero and double zero, which are colored green, the numbers on the roulette alternate between red and black.
00:15
A bet is on red or black.
00:16
Suppose you bet $1 on red.
00:18
If a red number comes up, you get your dollar back and win another dollar.
00:22
If a black or green number comes up, you lose your dollar.
00:25
In the box model, there are, so in the box model, there are going to be eight, excuse me, not 18, 18 tickets showing a dollar, representing winning, and 20 tickets showing negative 1 or a loss of a dollar.
00:54
For part 2, if you bet a dollar on a single number on the roulette and that number comes up, you get your dollar back and win $35.
01:02
If any other number comes up, you lose your dollar.
01:05
Gamblers say that a single number pays 35 to 1, in the box model.
01:11
So in the box model, there will be one ticket showing $35...