Question

Suppose you give 1:6 odds that you can roll a "1" with a single fair die. If someone accepts your bet, how much could you expect to win after 100 rolls if you bet $1 on each roll?

Answer 1

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Answer: You would end up being around even, there would be around 86 rolls where you lost a dollar, and 14 that you win, meaning in this case you actually lost 2$

Explanation:

I hope this helped!

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- Zack Slocum

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