Question

a casino offers a game wherein a player can roll one six sided due. if the...

a casino offers a game wherein a player can roll one six sided due. if the player rolls a 1 or 2, they win. if the player rolls a 3, 4, 5, or 6, they lose. if a player bets $2.00 and wins, they will be paid out an additional $3.00. if they lose, they lose their initial $2.00. Find the expected value of the $2.00 bet.
enter your answer rounded to the nearest cent and don't forget, expected values can be negative!

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