4 ms·
I went with betting half my assets every time, and for whatever reason, the first go around I managed to cash out the first time at 7 flips. (I did better than
by altcognito 5y ago
I went with betting half my assets every time, and for whatever reason, the first go around I managed to cash out the first time at 7 flips. (I did better than 79% of folks) I was so spooked I ran the simulation again, this time just maxing out. After a couple dozen tries I cashed out at 5 attempts. I still only did better than 79% of participants in that study.
(I always went with 60% no matter what, in both extreme cases I never lost)