[PairTheBoard]

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How about this for a paradox (response to PairtheBoard or his evil twin):

You are offered the following set up. A fair coin is flipped until it first comes up heads, say on the nth flip (n=1,2,...), at which point you are paid 2^n dollars and the game ends. The instantaneous flips are timed as follows: the nth flip occurs exactly 1/2^n minutes after the previous flip for n>1 and the first flip (n=1) takes place 1/2 minute after the start of the game. The game is over in less than 2 minutes. Do you see why?

How much is this game worth to you?

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The expected value of the game is infinite. So? If this is a series of questions please just go to the end and state your point.


As far as your previous post goes, what do You mean by "Rate of Return" in the scenario of playing with an edge and betting twice the Kelly criteria. You say the Rate of Return is negative. What do you mean by "Rate of Return"?



PairTheBoard