In the game of roulette, a player can place a $8 bet on the number 24 and have a 1/38 probability of winning. If the metal ball lands on 24, the player gets to keep the $8 paid to play the game and the player is awarded an additional $280. Otherwise, the player is awarded nothing and the casino takes the player's $8. What is the expected value of the game to the player? If you played the game 1000 times, how much would you expect to lose?