If a player rolls 2 dice and gets a sum of 2 or 12, he wins $30. If the person gets a 7, he wins $10. Otherwise he wins nothing.
If the cost to play the game is $3, what does a player expect to get out of this game every time he/she plays?
1 answer:
If they were to win $30 they would expect to get $27 in profit.
If they were to win $10 they would expect $7.
If they were to win $0 they would expect $-3 in profit, so technically if they win nothing they lose money.
Hope I could help! :D
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