MathCastle
Counting & ProbabilityMediumCircles & Lines

Circles & Lines · Medium problem

A game costs $5\$5 to play. A player draws one ball from a bag containing 33 red, 22 blue, and 11 gold ball, all equally likely. A red ball pays $2\$2, a blue ball pays $6\$6, and a gold ball pays $x\$x. For what value of xx is this game exactly fair, meaning the expected payout equals the $5\$5 cost to play?