A Gambling Game

In a gambling game, there are n players, and $n>1$ . Every player is randomly assigned an integer between 1 and $y$ , where $y$ is also an integer. Let $l$ be the lowest number someone is assigned and let $u$ be the highest number someone is assigned. The distribution of these integers is uniform. $u$ will receive $(u-l)$ currency from $l$ . If there is more than one winner, or more than one person is assigned $u$ , $l$ will pay out $\dfrac{u-l}w$ to each winner, where $w$ is the number of winners. If everyone rolls the same number, no gold is exchanged. If there is more than one loser, the losers pay equal portions to the winner(s).

What is the expected value for a person entering into this game? Would you recommend that someone enters into this game given his odds?

#Combinatorics

Easy Math Editor

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`\sum_{i=1}^3`	$\sum_{i=1}^3$
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Comments

It is difficult to say since it is not known whether all factors are taken into account. Since I am a gambler with experience, I have long been trying to calculate the chances of winning in an online casino. On a Japanese site with casino reviews PikachuCasinos I found a lot of useful gambling insights. There you can find info about interesting casino games and much more. I want to tackle the gambling game algorithm.

Akemi Yoshida - 1 year ago

I am a very gambling person and lately I have noticed for myself that more often than not, if I start playing in this or that casino, bet on sports, I first find out information about this or that site, so that everything is as safe as possible. On the site https://cryptogamblors.com/betting/best/, for example, I found a list of allowed countries for cryptocurrency bookmakers.

Kieran Williams - 2 weeks, 3 days ago

Oh! Amazing

Ricki Tomphson - 1 week, 5 days ago

Math	Appears as
Remember to wrap math in `\(` ... `\)` or `\[` ... `\]` to ensure proper formatting.
`2 \times 3`	$2 \times 3$
`2^{34}`	$2^{34}$
`a_{i-1}`	$a_{i-1}$
`\frac{2}{3}`	$\frac{2}{3}$
`\sqrt{2}`	$\sqrt{2}$
`\sum_{i=1}^3`	$\sum_{i=1}^3$
`\sin \theta`	$\sin \theta$
`\boxed{123}`	$\boxed{123}$