Dice Is a Popular Game in Gambling Casinos

question 82

Short Answer

Dice is a popular game in gambling casinos. Two dice are tossed, and various amounts are paid according to the outcome. If a seven or eleven occurs on the first roll, the player wins. If a player tosses a pair of ones (called snake eyes ) on the first roll, the player loses. What is the probability of winning on the first roll?
Give your answer as a fraction.

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Definitions:

Unconditionally

Without any conditions or limitations; absolutely.

Draft

A preliminary version of a piece of writing or document that is open for discussion, modification, or approval.

Instrument Value

The actual worth or significance of a financial document, like a stock or bond, in transactions.

Maker

The party in a financial transaction who creates or signs a promissory note, thereby agreeing to pay the note's value to a specified party.