Author Topic: ---- bets Brown $20 at even money that Brown will be behind  (Read 280 times)

Offline t k

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---- bets Brown $20 at even money that Brown will be behind
« on: April 12, 2021, 07:28:32 am »
Mr. Brown always bets a dollar on the number 13 at roulette against the advice of Kind Friend. To help cure Mr. brown of playing roulette, Kind Friend always bets Brown $20 at even money that Brown will be behind at the end of 36 plays. (from this book, problem 7)

This is a part of a math problem.  Please explain "bets Brown $20 at even money that Brown will be behind at the end of 36 plays".  Thanks.  --- tk
« Last Edit: April 12, 2021, 07:34:17 am by t k »

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Re: ---- bets Brown $20 at even money that Brown will be behind
« Reply #1 on: April 13, 2021, 10:34:42 am »
Even money means that the winner wins the same amount as he/she bet. So, if each of you bets $20, the winner gets his/her $20 back plus $20 from the looser.
Here, Kind Friend is betting $20 that Brown will have lost money overall by the end of 36 plays of roulette.
Best wishes,

Duncan