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Of Winning x Payout) (1-Prob. of Winning) x Stake With a normal coin the probability of either player winning is 50. The probability of either player losing is therefore 50 also. The payout would be 100 since the winner that calls right gets their own dollar back plus a dollar from the loser. Therefore, assuming Player 2 bets 1: Player1s Expected Return (1 50) (50 x 100) x 1
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