In the New Jersey and Nevada gaming casinos,craps is a

Chapter , Problem 10-25

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In the New Jersey and Nevada gaming casinos,craps is a popular gambling game. One of the manybets available is the Hard-way 8. A $1 bet in thisfashion will win the player $4 if in the game thepair of dice come up 4 and 4 before one of the otherwaysof totaling 8. For a $1 bet, what is the expectedresult

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