Reference no: EM131942095

A game is played as follows: A player places a bet. Then, she rolls a 20-sided die with the numbers 1 - 20 on it. If the die lands on an even number, the player wins $5. If the die lands on a 1, 5, 7, or 13, the player wins $10. Otherwise, the player loses. How could the game be adjusted in order to make this a fair game with a $3.50 bet? (Hint, there is more than one way to change the game to make it fair, but remember the net result needs to be that the expected outcome is $0.)