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The odds of any event A occurring are given by P(A)/P(A) while the odds against any event A occurring are given by P(A)/P(A). In the game of craps, two fair dice are rolled and the sum of the faces showing is computed a. One bet in the game of craps is the Yo bet; this is a bet the next roll will be an eleven. If the bet were a fair one, the payout of the bet would be the odds against rolling an eleven on the next roll. Find the true odds against rolling an eleven on the next roll (i.e find the odds a player should receive) b. In reality, the bet pays 15 to 1. Based off of these odds, find the implied probability of rolling an eleven on the next roll c. Is the Yo bet a good bet? Why or why not?

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