
7th August 2005, 03:29 PM
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Member
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Join Date: Jan 1970
Posts: 479
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Quote:
Originally Posted by jfc
I have now actually completely examined a 37 spin game, but first I'd like some indication that you'd be able to understand my results.
A 2 spin-game is the simplest possible using your staking. How can you NOT understand it!
Don't you understand what your 4 possible results will be?
Are you unaware that the win probability is 18/37 and a loss is 19/37?
Or that the probability of 2 independent events both occurring is the product of their individual probabilities?
If you don't know what expectation is then google it up.
Work through at least my simple 2-spin example. I suspect one of us will then learn something.
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Your results should suggest 1 of 3 things.
Equal to level stakes, returning a $10 loss.
Worse, a loss of more than $10.
Better, a loss of less than $10, or a win.
If your results suggest 1 of these 3 things, then I will understand it...
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