a gambler employs a betting approach that will either earn a profit of $1000 or a loss of $10,000. find the probability of winning that would make this a fair bet.

a gambler employs a betting approach that will either earn a profit of $1000 or a loss of $10,000. find the probability of winning that would make this a fair bet.

probabilityof winning for a reasonable wager is 0.91probabilityofprofit= $1000loss= $10000probabilityclick here: