(Answered) You decide that you will spend an entire day playing

Statistics

You decide that you will spend an entire day playing roulette and just betting on the "double street" which is a bet on two side-by-side rows of 3 values on the roulette table. You win the bet if any of your 6 numbers come up, but you lose otherwise. This type of bet has a 5:1 payoff. You decide that you will be making $5 bets.

What is the expected value of this betting strategy?

If you end up making a total of 200 bets of this type, how much money would you expect yourself to have won or lost at the end of the day?

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