Quote:
Originally Posted by Sevenfold
But, yeah, basically you are doing the math properly.
ORLY?
So let's break this down by checking our answer. Let's say we win 30.3% of the time and lose the remaining 69.7%. This should yield a zero net.
For the 30.3% that we win, we get the $36 pot, plus villain's $30 and our $30 investment back. This means we get $96*0.303.
For the 69.7% that we lose, we lose our $30 investment. This means we get -$30*0.697.
So... $96*0.303 - $30*0.697 = $8.18... hmm that's not zero. We must have done something wrong.