Fair Game:
A game of chance is said to be fair if each player´s expected payoff is zero. A game in which I roll a die and receive 12 for a 1 or 2 and lose 6 otherwise (3-6) is a fair game.
Fair Game:
A game of chance is said to be fair if each player´s expected payoff is zero. A game in which I roll a die and receive 12 for a 1 or 2 and lose 6 otherwise (3-6) is a fair game.