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

Question

Question

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?

Answer 1

Answer #1

here as we know that expected winning s = expected winning on rolling a 6 -expected lose on not rolling

=4*(1/6)-1*(5/6)= $ -0.17

Answer 2

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