Originally Posted by

**megatonfist** You're playing a game where you have to throw a ball into a basket five times. You only have five tries. The probability of making the ball into the basket for any of the five tries is 60% or 6/10. If you make all five of the balls in, you win $1000. If you make four of the balls in, you win 500$. If you make three of the balls in, you win 100$. If you make one or two balls in, you get nothing. What's the maximum amount of money one should be willing to pay so that, given these certain probabilities, **he or she will not risk losing any money?**