Question: 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

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 2: 1 odds; if it is a five or nine he is paid off at odds 3: 2; and if it is a six or eight he is paid off at odds 6: 5. Determine the player’s expected winnings if he makes this additional bet when he has the opportunity.

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The second bet is a fair bet so has expected winning 0 Thus ... View full answer

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