Question

Suppose you are playing a game with one die at a casino. You win $1 if you get a 2 or a 6. You lose $2 if you get a 3, win $5 for rolling a 4, and lose $3 for rolling a 1. What is the expected value of this game? If you played the game repeatedly, would you expect to win or lose money? Why?

Answer 1

if u played the game 6 times u would most likely get $7 but lose $5 so u would get $2 but more chances for u to gain money then lose it so if the game was full probability u should go for it. But casino games r a waste and uselessly rigged so ditch it.