Question

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?

Answer 1

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