Suppose we have a game that consists of a main game (guess a dice) and a bonus one (guess a coin toss). The rules that I think should be taken into consideration for the analysis are the following:
- A player can play the bonus game only when they won the base game. So, if the player loss the main game, they are forbidden to play the bonus game.
- The player may choose not to play the bonus game. So, they withdraw the main game winnings.
- If the player choose to play the bonus game and they guess the coin toss, their winnings are doubled. Else, they lose everything and they are forbidden to continue the game.
- If the player wins the first bonus game, they may choose to play the second bonus game or to withdraw their winnings. And so on.
- No more than 4 bonus games are allowed to play.
What is the expected winnings of a single game (the base game + the bonus game)? Consider only the winning base game.
Is the following calculations are correct?