i dont get it so if you win with heads does that not mean you lose your money on tails requiring you to double down on the bet instead of it doubling the prize?
@Samtaztic99
3 жыл бұрын
So the St. Petersburg Paradox was a problem in Expected Value Theory, and Expected Utility Theory was developed as a response to solve this problem?
@jsun1993
Жыл бұрын
Lmao!
@jun341
8 ай бұрын
yes that's the idea proposed by Bernoulli
@slashbash25
Жыл бұрын
and then the other outcome is also wining?
@slashbash25
Жыл бұрын
evry time you win a tales?
@slashbash25
Жыл бұрын
how exactly does the amount of the winnings double when you ''win a tales"?
@DankHero
Ай бұрын
he meant that your bet doubles when tales wins
@michalk7777
3 жыл бұрын
So you are basically explaining bitcoin characteristics 101
@slashbash25
Жыл бұрын
im so confused
@slashbash25
Жыл бұрын
magic?
@slashbash25
Жыл бұрын
sorry for the spam i am trying to figure out how to aply this to black or red roulete
@jsun1993
Жыл бұрын
In roulette the relevant concept is martingale betting, double or nothing after every loss
Пікірлер: 17