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Dec 14, 2015 at 2:03 answer added Glen_b timeline score: 2
Dec 12, 2015 at 21:37 comment added whuber That's what we need to know. In many games--Roulette is a classic example--the payouts go up as the outcome gets less likely. They influence the betting enormously. All you need to do now to answer this question is figure out whether you will win more frequently (in the hypothetical long run) by betting on 6 or on 1. Oh, I see you already gave that answer... .
Dec 12, 2015 at 21:33 comment added fdzsfhaS ok, could you explain more how the payoffs alter the answer? A fixed payout is only given if a bet is correct, nothing is given to incorrect bets. and the game is only played once.
Dec 12, 2015 at 21:26 comment added whuber It's impossible to provide adequate advice without knowing the payoffs. Perhaps you could let us know what they are?
Dec 12, 2015 at 21:25 review First posts
Dec 12, 2015 at 21:34
Dec 12, 2015 at 21:22 history asked fdzsfhaS CC BY-SA 3.0