In old gangster movies on TV, you often hear of "number runners" or the "numbers racket." This numbers game, which is st
Posted: Wed May 11, 2022 5:58 am
In old gangster movies on TV, you often hear of "number runners"
or the "numbers racket." This numbers game, which is still played
today, involves betting $1 on the last three digits of the number
of stocks sold on a particular day in the future as reported in The
Wall Street Journal. If the payoff is $400, what is the expectation
for this numbers game?
or the "numbers racket." This numbers game, which is still played
today, involves betting $1 on the last three digits of the number
of stocks sold on a particular day in the future as reported in The
Wall Street Journal. If the payoff is $400, what is the expectation
for this numbers game?