document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=526055>Question 526055</A>: <I><SPAN STYLE=\"word-break: break-all;\"> In a Nevada casino, when you place a $1 bet on the \"pass line\", in the game of craps, there is a 244/495 probability that you will win $1 and the complementary probability that you will lose $1.  What is your expected value; i.e., in the long run, how much do you lose for each dollar bet? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #348321 by </B><A HREF=/tutors/aboutme.mpl?userid=edjones><B>edjones(8007)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=edjones><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=edjones><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=348321\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 495-244=251 losses<BR>\n" );
document.write( "251-244=-$7.<BR>\n" );
document.write( "7/495=-$0.014  your expected value.<BR>\n" );
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document.write( "Ed </SPAN>\n" );
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