Card Games $2 or $3
You're at a Country Fair, and there's a booth with a card game. The rules are simple - turn over 2 cards. If they're the same color (red or black), you win $5!
The only complicated part is there are two options:
3 cards (2 black, 1 red)
4 cards (2 black, 2 red)
The 3 card version costs $3 to play
The 4 card version costs $2 to play
Which would you play?
NOTE: Don't go Googling this! Try to decide/figure it out on your own.
Comments
I would play the 4 card game. The odds are the same of the two games, but the expectation is better in this game. Also, the lower cost would allow me to play more.
Like at a casino, I'd rather play at the $5 BJ table than the $15 table. money goes slower. Cant win fast, but cant lose either.
Posted by: daniel | February 22, 2006 3:29 PM