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    unycee's Avatar
    unycee Posts: 1, Reputation: 1
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    #1

    Dec 5, 2010, 07:19 PM
    Expected Value If on a $1 bet, Paul Goldstein’s expected value is $0.30, what is Paul
    Answer using probability
    Unknown008's Avatar
    Unknown008 Posts: 8,076, Reputation: 723
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    #2

    Dec 6, 2010, 02:17 AM

    Clarify your question please.
    edma2008's Avatar
    edma2008 Posts: 2, Reputation: 1
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    #3

    Mar 11, 2011, 05:21 PM
    Expected Value If on a $1 bet, Paul Goldstein's expected value is $0.30, what is Paul's expected value on a $5 bet?
    edma2008's Avatar
    edma2008 Posts: 2, Reputation: 1
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    #4

    Mar 11, 2011, 05:22 PM
    Expected Value
    Expected Value If on a $1 bet, Paul Goldstein's expected value is $0.30, what is Paul's expected value on a $5 bet?
    Unknown008's Avatar
    Unknown008 Posts: 8,076, Reputation: 723
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    #5

    Mar 11, 2011, 11:57 PM

    If that's the question, then you need to know the meaning of "expected value".

    Expected value = P(win) x Amount bet
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