My Math Forum single probability vs multiple

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 November 21st, 2017, 05:57 AM #1 Newbie   Joined: Nov 2017 From: london Posts: 1 Thanks: 0 single probability vs multiple Hi If i wanted to play a game that had a 3.4% change of winning for a £5 ticket v's another game with the same 3.4% chance of winning but only cost £1 for a ticket is the better game to play the 2nd choice with 5 single tickets? and if so how would i calculate the probability if i bought 5 tickets. thanks
 November 21st, 2017, 01:03 PM #2 Senior Member   Joined: Dec 2015 From: holland Posts: 163 Thanks: 37 Math Focus: tetration The chance stays the same.
 November 21st, 2017, 02:28 PM #3 Global Moderator   Joined: May 2007 Posts: 6,642 Thanks: 627 The multiple ticket game has 6 possible outcomes i.e. winning 0,1,2,3,4,5 each of which has a different payoff. The average payoff for either game will be the same.

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