A modified roulette wheel has 40 slots. One slot is 0, another is 00, and the others are numbered 1 through 38, respectively. You are placing a bet that the outcome is an odd number. (In roulette, 0...

Extracted text: A modified roulette wheel has 40 slots. One slot is 0, another is 00, and the others are numbered 1 through 38, respectively. You are placing a bet that the outcome is an odd number. (In roulette, 0 and 00 are neither odd nor even.) a. What is your probability of winning? 19 The probability of winning is 40 (Type an integer or a simplified fraction.) b. What are the actual odds against winning? The actual odds against winning are 21 : 19. c. When you bet that the outcome is an odd number, the payoff odds are 1:1. How much profit do you make if you bet $12 and win? If you win, the payoff is $