How much is the revenue?

Probability theory and statistics

How much is the revenue?

Postby Guest » Sun Aug 07, 2016 7:38 pm

I was given this problem and I don’t know how to solve it.

An online sportsbook decides to have a promotion of 50€, to new clientes if they deposit 100€ to make an widhrew they need to bet the 150€ 10 times at odds between 2 and 10 (50%-10%).

Suppose that 1000 players use this promotion
Guest
 

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