Many casinos have a game called the Big Six Money Wheel, which has 54 slots in which are displayed a Joker, the casino logo, and various dollar amounts, as shown in the table below. Players may bet on...

Many casinos have a game called the Big Six Money Wheel, which has 54 slots in which are displayed a Joker, the casino logo, and various dollar amounts, as shown in the table below. Players may bet on the Joker, the casino logo, or one or more dollar denominations. The wheel is spun and if the wheel stops on the same place as the player's bet, the player wins that amountfor each dollar bet.

Step 1

Step 2

The (simplified) probability of winning this bet is 2/27.
What is the probability of losing this bet? (Write your answer as a fraction.)
25/27

25/27

Step 3

The (simplified) probability of losing this bet is 25/27.
If a player bets $25 on the $10 denomination, find the player's expectation. (Round your answer to two decimal places.)