Two cards are dealt from a deck of four red cards labeled $A$, $B$, $C$, $D$ and four green cards labeled $A$, $B$, $C$, $D$. A winning pair is two of the same color or two of the same letter. What is the probability of drawing a winning pair?
$\textbf{(A)}\ \frac{2}{7}\qquad\textbf{(B)}\ \frac{3}{8}\qquad\textbf{(C)}\ \frac{1}{2}\qquad\textbf{(D)}\ \frac{4}{7}\qquad\textbf{(E)}\ \frac{5}{8}$
There are 4 ways of choosing a winning pair of the same letter, and $2 \left( \dbinom{4}{2} \right) = 12$ ways to choose a pair of the same color.
There's a total of $\dbinom{8}{2} = 28$ ways to choose a pair, so the probability is $\dfrac{4+12}{28} = \boxed{\textbf{(D)}\ \frac{4}{7}}$.