Quote:
Originally Posted by Victorio
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He takes an expected loss...
Value of prize items = 95k + 75k = 170k
Chance of winning per roll = 3/1001
Value of each roll = 170k * 3/1001 = 509p
Price he's selling rolls for = 300p
Expected loss for him = 209p per roll
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oh wow, I thought he was giving away the choice of item, not both :S
Edit: also just noticed, I missed out a zero in the notation of my previous calculation, but the result was correct.