View Single Post
  #4  
Old 12-06-2005, 02:02 AM
Guest
 
Posts: n/a
Default Re: Hypothetical Gambling Situation

If you are sure you are going to take the doubling up option twice, and not quit if you won the first time, then they are exactly the same. 1/4 of the time you will quadruple up with either option, the other 3/4 of the time you will bust out.

I'd like to hear another way of interpreting this that sticks to probability though. [img]/images/graemlins/smile.gif[/img]
Reply With Quote