
Kris V. answered 06/02/17
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Without Replacement
P{joker picked on two tries without replacement}
= P{joker picked on 1st try} + P{joker picked on 2nd try}
= ¼ + P{joker picked on 2nd try|joker missed on 1st try}P{joker missed on 1st try}
= ¼ + ¹⁄3 (¾)
= ½
With replacement, however, you overall chance will be slightly less
P{joker picked on two tries with replacement}
= ¼ + ¼ (¾)
= 7/16
Per Mark M. comment, you can calculate your odds as P/(1-P) using the above answers.

Mark M.
06/02/17