GAM470 Name__________________
March 15, 2005 Homework
Questions 1-4: Consider a 5-deck blackjack game based on the player’s first two cards.
Hand |
Combinations |
Pays |
Return |
West Hollywood Match* |
. |
50 |
. |
Suited and ranked face card pair |
. |
25 |
. |
Any other 2 suited cards |
. |
2 |
. |
All other |
. |
-1 |
. |
Total |
. |
. |
Expected value = _________________
Questions 6-12: Consider an 8-deck blackjack side bet based on the player’s first two cards and the dealer’s up card. The king of hearts is known as the suicidal king.
Hand |
Combinations |
Pays |
Return |
Three suicidal kings |
. |
10000 |
. |
Any three kings |
. |
500 |
. |
2 suicidal kings |
. |
100 |
. |
Any two kings |
. |
10 |
. |
Any one king |
. |
1 |
. |
No kings |
. |
-1 |
. |
Total |
. |
--------- |
. |
13. You have a sock drawer with 8 white socks and 5 black socks. You pull out 3 at random and without replacement. What is the probability you pull out at least 2 white socks?
14. Fill in the following table for the game Derby.
Quinella |
Pays (for one) |
Indifferent probability |
Fair Probability |
Fair Odds (for one) |
1, 2 |
8 |
. |
. |
. |
1, 3 |
34 |
. |
. |
. |
1, 4 |
22 |
. |
. |
. |
1, 5 |
2 |
. |
. |
. |
2, 3 |
70 |
. |
. |
. |
2, 4 |
46 |
. |
. |
. |
2, 5 |
4 |
. |
. |
. |
3, 4 |
200 |
. |
. |
. |
3, 5 |
17 |
. |
. |
. |
4, 5 |
11 |
. |
. |
. |
Total |
-------- |
. |
. |
-------- |
__________________________