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September 22, 2014

Homework Help: math

Posted by bob on Tuesday, February 22, 2011 at 10:02pm.

Find the expected value of a $1 bet in six-spot keno if three winning spots pays $1 (but you pay $1 to play, so you actually break even), four winning spots pays $3 (but you pay $1 to play, so you profit $2), five pays $100, and six pays $2,600.

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