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The model reads as: in 80% of the cases, you lose 2 euros, in 19,9% of the cases, you win 3 euros, in 0,099% of the cases, you win 20 euros, in 0,001%, you win 118320 euros. The player is expected to lose 0,2 euros each game. Real slot machines are a little more sophisticated, but the underlying model is the same.
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