We have a wheel with 16 spots. The total value of the wheel is $6300 and one spot includes a free spin.
Assume Free spin stays in play if you can keep hitting it.
What is the total EV of the spin?
Since 393.75/16 = 24.61 I said 393.75 + 24.61 + 24.61/16 + 24.61/256 + ...
EV with no free spin $393.75
added EV due to the free spins $24.61
$1.54
$0.10
$0.01
$0.00
Total EV $420.00
