I pay out £1 to roll two dice. If exactly one die displays a five, I win £2. If exactly two dice produce a five, I win £10.
<br>
Should I anticipate making money if I play 36 games?
-
A
Yes, because the potential prize is five times higher than the entry fee.
-
B
Yes, because I can anticipate winning the same amount I paid to play.
-
C
No, since only 1 in 6 people will receive a five.
-
D
No, since on average I will lose more money than I spend on gambling.