Question

2. (BONUS) The any 7 bet is a one roll bet that the next roll is 7, otherwise the bet is lost. The payoff odds are 4 to 1. Fi

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Solotion: Given that next Soll is F bet sagoll bet and that he We have the Set ofAows (,1) C,2) C, 3) (1,4) (,5) (,6) Ca ,a)Thus we have the total no That the next 8oll is B I6) 12,5) (3) (4,3) (s,) 14/2 which we havee out 36 he sest 30 becomes pat

Add a comment
Know the answer?
Add Answer to:
2. (BONUS) The any 7 bet is a one roll bet that the next roll is...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • 7. The fields bet is a one roll bet that the next roll will be in...

    7. The fields bet is a one roll bet that the next roll will be in {2, 3, 4, 9, 10, 11, 12). Payoff odds (in most casinos) are 2 to 1 on {2, 12} and 1 to 1 on 3, 4, 9, 10, 11). Calculate the house advantage.

  • The odds of any event A occurring are given by P(A)/P(A') while the odds against any...

    The odds of any event A occurring are given by P(A)/P(A') while the odds against any event A occurring are given by P(A')/P(A). In the game of craps, two fair dice are rolled and the sum of the faces showing is computed a. One bet in the game of craps is the "Yo" bet; this is a bet the next roll will be an eleven. If the bet were a fair one, the payout of the bet would be the...

  • In the game of craps, placing a bet that the shooter will roll a 5 pays...

    In the game of craps, placing a bet that the shooter will roll a 5 pays 7:5. What is the net payoff for a person who bets $55 on the number 5 and wins? The door prize at a party with 25 people is given by writing numbers 1 through 25 on the bottom of the paper plates used. What are the odds in favor of winning the door prize?

  • Question 2.9 lt Wieelr With a bet of $5 on black and a bet of $2...

    Question 2.9 lt Wieelr With a bet of $5 on black and a bet of $2 on the specific group of four numbers pictured in Figure 2.1 (13, 14, 16, 17). What is the bettor's expectation on this combined bet? Conclude, as suggested in the text, that the bettor's expected loss is 5.26 cents for every dollar bet. 2.9 A European roulette wheel has 37 sectors including a zero but no double zero. Furthermore if the zero comes up, any...

  • the correct answer is hardways: 4 or 10, 0.111111; 6 or 8, 0.090909. 15.1. Hardway, place,...

    the correct answer is hardways: 4 or 10, 0.111111; 6 or 8, 0.090909. 15.1. Hardway, place, buy, and lay bets. (a) There are four hardway bets. An even dice total is said to be hard if both dice show the same number. Otherwise the total is said to be easy. For j 2, 3,4,5, a hard-2j wager is a bet that a hard 2j will appear before the first of an easy 2j and 7. Payoff odds are 7 to...

  • If you bet $1 that you can roll a 6 on a regular six-sided die and...

    If you bet $1 that you can roll a 6 on a regular six-sided die and the house bets $4 that you cannot, what is your expected winnings?

  • 15.1. Hardway, place, buy, and lay bets. There are four hardway bets. An even dice total...

    15.1. Hardway, place, buy, and lay bets. There are four hardway bets. An even dice total is said to be hard if live show the same number. Otherwise the total is said to be easy. For O 3.4.5. a hard-2j wager is a bet that a hard 2j will appear before the First of an easy 2j and 7. Payoff odds are 7 to 1 on the hard 4 and hard 10. 0 to 1 on the hard 6 and...

  • Which one of the following bet is better: Going to a Casino and betting $8 on...

    Which one of the following bet is better: Going to a Casino and betting $8 on a game with P(winning) = 1/38 and a Prize of $296 or betting on a small town Lotto with Expected-value of -0.25? Find the Odd-in Favor of that bet & the Payoff-Odd for Every $2 bet.

  • provide your analysis of the game and the bet size by including the odds against a...

    provide your analysis of the game and the bet size by including the odds against a player winning one of the prizes, and the house edge. Make sure to include some tables/charts to communicate the calculations involved. Determine the size of the bet that fits the criterion described The Eight is Enough Casino and Resort is developing a new game unique for our casino. We would like this game to use the traditional gaming devices of craps (two dice), roulette...

  • provide your analysis of the game and the bet size by including the odds against a...

    provide your analysis of the game and the bet size by including the odds against a player winning one of the prizes, and the house edge. Make sure to include some tables/charts to communicate the calculations involved. Determine the size of the bet that fits the criterion described The Eight is Enough Casino and Resort is developing a new game unique for our casino. We would like this game to use the traditional gaming devices of craps (two dice), roulette...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT