Which of the Following Best Explains the Idea of the Expected

Multiple Choice

Which of the following best explains the idea of the expected value of a risky bet?

A) The amount of money you should expect to make from the bet.
B) The amount of money that you are most likely to get from the bet.
C) The amount of money you will probably get from the bet, minus the amount of money you paid to make the bet.
D) The amount of money you should expect to make, on average, if you made bets like this over and over again for a long time.