Two teams have played each other 14 times. Team A won 9 games and team B won 5 games. Bob offers to bet $6 on team A winning while you bet $4 on team B winning. The winner gets $10. How much money should you expect to lose on such a bet? (Round to the nearest cent.)

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Two teams have played each other 14 times. Team A won 9 games and team B won 5 games. Bob offers to bet $6 on team A winning while you bet $4 on team B winning. The winner gets $10. How much money should you expect to lose on such a bet? (Round to the nearest cent.)

Mathematics
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At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.

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E(x) = (5/14)*6 - (9/14)*4 = -3/7 So you would expect to lose approx 43 cents

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