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In the game of craps, two dice are rolled, and people bet on the outcome.For example, you can bet $1 that the dice will total

In the game of craps, two dice are rolled, and people bet on the outcome.For example, you can bet $1 that the dice will total 7.The probability that you win is 1/6, and if you win, your profit is $4.If you lose, you lose $1.What is the expected gain or an expected loss?

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