Originally Posted by
Alan Mendelson
Coach, you would go broke with this.
Instead, ask jbjb if he would accept this bet:
Set a die on the number 2 and roll a second die. If the second die also shows a 2 you will get paid $800. If the second die shows any other number you will pay him $100.
Update: I just rolled a single die ten times: I got two 2s for a win of $1600. I got other numbers on the 8 other rolls for a loss of $800. Net win: $800.