Grinstead-Snell-Probability · Problem 5.1.30

Distributions and Densities

Mathematics · poisson-distribution

Problem

(From Kemeny) Show that, if you make 100 bets on the number 17 at roulette at Monte Carlo (see Example 6.13), you will have a probability greater than 1/21/2 of coming out ahead. What is your expected winning?

Related theory

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