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For the sake of anyone reading this in the future, expected value is actually fairly easy to determine.  A (barely) simplified version of the formula for this discussion is: Number of Decisions * Average Bet * House Edge = Expected Value.  On a single number, single spin bet of $1 as the table suggests the EV according to that formula is 1 (decision) * 1 (bet) * 0.053 (edge, rounded) = $0.053.  For 10,000 spins at $1 the EV is $530 meaning the casino wins $530 as stated.  

To determine the player's edge for a straight up bet take the chances of winning (1/38) multiplied by the payout (35) plus the chances of losing (37/38) multiplied by the loss (-1).  (1/38 * 35) + (37/38 * -1) = -0.05263 or a loss of $0.05263 per dollar bet.  If you do the math this is the same edge for any double-zero wheel bet except for the top line.  As a random side note, to quickly determine the payout for any combination of numbers: 36/(numbers bet) - 1 = payout.  For example a street is three numbers so 36/3 - 1 = 11 therefore a street pays 11/1.    08:24, 17 February 2012