exercise:5cb629cbe0: Difference between revisions

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(Created page with "<div class="d-none"><math> \newcommand{\NA}{{\rm NA}} \newcommand{\mat}[1]{{\bf#1}} \newcommand{\exref}[1]{\ref{##1}} \newcommand{\secstoprocess}{\all} \newcommand{\NA}{{\rm NA}} \newcommand{\mathds}{\mathbb}</math></div> If the first roll in a game of craps is neither a natural nor craps, the player can make an additional bet, equal to his original one, that he will make his point before a seven turns up. If his point is four or ten he is paid off at <math>2 : 1<...")
 
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<div class="d-none"><math>
If the first roll in a game of craps is neither a natural nor craps, the player can make an additional bet, equal to his original one, that he will
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\newcommand{\mathds}{\mathbb}</math></div> If the first roll in a game of craps is neither a natural nor
craps, the player can make an additional bet, equal to his original one, that he will
make his point before a seven turns up.  If his point is four or ten he is paid off
make his point before a seven turns up.  If his point is four or ten he is paid off
at <math>2 : 1</math> odds; if it is a five or nine he is paid off at odds <math>3 : 2</math>; and if it is
at <math>2 : 1</math> odds; if it is a five or nine he is paid off at odds <math>3 : 2</math>; and if it is
a six or eight he is paid off at odds <math>6 : 5</math>.  Find the player's expected winnings
a six or eight he is paid off at odds <math>6 : 5</math>.  Find the player's expected winnings
if he makes this additional bet when he has the opportunity.
if he makes this additional bet when he has the opportunity.

Latest revision as of 09:39, 14 June 2024

If the first roll in a game of craps is neither a natural nor craps, the player can make an additional bet, equal to his original one, that he will make his point before a seven turns up. If his point is four or ten he is paid off at [math]2 : 1[/math] odds; if it is a five or nine he is paid off at odds [math]3 : 2[/math]; and if it is a six or eight he is paid off at odds [math]6 : 5[/math]. Find the player's expected winnings if he makes this additional bet when he has the opportunity.