If you have a 50-50 chance of winning $100 or losing $100,playing this game an infinite number of times will

Name: If you have a 50-50 chance of winning $100 or losing $100,playing this game an infinite number of times will
Brand: Quizplus
Rating: 4.8 (61 reviews)

Question

Quizplus · Accepted Answer

While there will be fluctuations in your winnings or losses in the short term, over an infinite number of games the losses and winnings should balance out to zero, resulting in neither a gain nor a loss of money. This is an example of a fair game with expected value of zero.

If You Have a 50-50 Chance of Winning $100 or Losing