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Money · Ages 10+ · Set B
Gambling and odds
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Goal: 15 min
Score/ 12
Remember: Odds are counted, and a wheel with one winning slot in ten favours its keeper.

Questions

1
📈True or false: Over many turns, results settle toward the odds
TrueFalse
2
Which one is not true?
🔮A win now makes the next win more likely🏠The house keeps some of every coin on average📈Over many turns, results settle toward the odds
3
Which one is not true?
🍀A short lucky run means the odds changed🎡One gold slot in ten is one chance in ten🏠The house keeps some of every coin on average
4
At which wheel does the stall keep coins?
📤Ten spins: ten coins in, twelve out⚖️Ten spins: ten coins in, ten out💯A hundred spins: a hundred in, sixty out
5
Which one is true about odds?
🍀A short lucky run means the odds changed🔮A win now makes the next win more likely🎡One gold slot in ten is one chance in ten
6
Which one is true about odds?
🧮Odds can be counted💸A game like that is a way to get money🍀A short lucky run means the odds changed
7
Does the stall keep coins: Twenty spins: twenty in, twelve out
TrueFalse
8
Which one is not true about odds?
🏠The house keeps some of every coin on average💸A game like that is a way to get money📈Over many turns, results settle toward the odds
9
Does the stall keep coins: Five spins: five coins in, four out
TrueFalse
10
Which one is not true about odds?
📉More spins make the stall keep less🎡One gold slot in ten is one chance in ten🧮Odds can be counted
11
Which wheel would leave the stall with nothing kept?
🔟Ten spins: ten coins in, six outTwenty spins: twenty in, twelve out⚖️Ten spins: ten coins in, ten out
12
Which wheel would leave the stall with nothing kept?
📤Ten spins: ten coins in, twelve outTwenty spins: twenty in, twelve outFive spins: five coins in, four out
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Answer key · Set B
Gambling and odds
1True
2A win now makes the next win more likely
3A short lucky run means the odds changed
4A hundred spins: a hundred in, sixty out
5One gold slot in ten is one chance in ten
6Odds can be counted
7True
8A game like that is a way to get money
9True
10More spins make the stall keep less
11Ten spins: ten coins in, ten out
12Ten spins: ten coins in, twelve out
Mark each answer, count the right ones and write the score on the sheet.