uppose you are playing a game where you bet $5 and have a 48% chance of winning. The bet is 1:1. What is the house edge on a single game?
uppose you are playing a game where you bet $5 and have a 48% chance of winning. The bet is 1:1. What is the house edge on a single game?
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 3ECP: You toss two six-sided dice. What is the probability that the total of the two dice is 5?
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Suppose you are playing a game where you bet $5 and have a 48% chance of winning. The bet is 1:1. What is the house edge on a single game?
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I don't quite understand how you got 4% because when I did the math I kept get 1%
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