Re: Totalbet 10% refund on Craps losses
2 mistakes (so far) in my post:
1) The second equation should read:
(0.458597)*1*0.95 + ((0.446247)*(-1 + 0.1)) + 0.095156(0) = 0.03404485
E.g. Average $3.50 on a single $100 bet.
2) The rebate on one win and two losses of $100 bets will be $10.50
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