#3
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Re: A Goldmine? the winning combination?
If you didn't get it, here it is again:
[ QUOTE ] [ QUOTE ] Is there some reason this wont work? and what is it? [/ QUOTE ] [ QUOTE ] However. it is a 0.086% chance you will lose 10 times on a row IF there is 50-50 on black/red. [/ QUOTE ] [/ QUOTE ] You basically answered the question yourself. Lets round your chance of losing everything in 10 straight bets to 0.1%. You will win your $100 999 of 1000 times, and you will lose $100000 one time out of 1000. Thats an EV of 0. That was oversimplified, of course, but I hope you get the idea. |
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