Question
The probabilities and payoffs for betting $5 on the pass line in craps. The table below shows the expected value. That is, for every $5
The probabilities and payoffs for betting $5 on the pass line in craps. The table below shows the expected value. That is, for every $5 bet on the Pass Line you can expect to lose an average of _____cents.
| Dice | ||||||
| Event | X | P(X) | X*P(X) | |||
| Lose | -$5 | 251/495 | -2.54 | |||
| Gain (net) | $5 | 244/495 | 2.46 | |||
| Total | ||||||
Group of answer choices
-$0.08 or 8 cents
-$26 or 26 cents
-$67 or 67 cents
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Precalculus A Right Triangle Approach
Authors: Jogindar Ratti, Marcus S McWaters
2nd Edition
0321899814, 9780321899811
