And yet the CE formula says you need over $1200 to play this game.
Cogno
-----Original Message-----
From: vpFREE@yahoogroups.com [mailto:vpFREE@yahoogroups.com]
Sent: Friday, April 17, 2015 11:43 AM
To: vpFREE@yahoogroups.com
Subject: Re: [vpFREE] why CE is better than EV
If "The rest of the time I get my $100 back" is correct, you can play forever on $100. Show me where I can play that game!
Tom C
On Fri, Apr 17, 2015 at 10:15 AM, Cogno Scienti cognoscienti@hotmail.com [vpFREE] <vpFREE@yahoogroups.com> wrote:
>
>
> Extra credit for people who believe in CE: Suppose I have a game where
> I bet $100. One in 40,000 times the payback is $100,000. The rest of
> the time I get my $100 back. How big a bankroll do I need to play this
> game?
> Cogno
>
>
>
[Non-text portions of this message have been removed]
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Posted by: Thomas Calaci <quickquads@gmail.com>
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vpFREE Links: http://www.west-point.org/users/usma1955/20228/V/Links.htm
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Posted by: Cogno Scienti <cognoscienti@hotmail.com>
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