You are going to play the Wheel of Misfortune Game against the house. The wheel has 10 equally likely numbers: 5, 10, 15, 20, 25, 30, 35, 40, 45, and 50. The goal is to get a total as close as possible to 50 points without exceeding 50. You go first and spin the wheel. Based on your first spin, you can decide whether you want to spin again. (You can spin no more than twice.) After you are done, it is the house’s turn. If your total is more than 50, the house doesn’t need a turn; it wins automatically. Otherwise, the house spins the wheel. After its first spin, it can spin the wheel again if it wants. (The house can also spin no more than twice.) Then the winner is determined, where a tie goes to you. Use simulation to estimate your probability of winning the game if you and the house both use best strategies. What are the best strategies?
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