3 ms·
I think there's some sort of clipping effect distorting things. If your losses are limited at your assets, then the bet (heads: I gain 2X my assets, tails: I lo
by QuadmasterXLII 4y ago
I think there's some sort of clipping effect distorting things. If your losses are limited at your assets, then the bet (heads: I gain 2X my assets, tails: I lose 2X my assets) has positive EV.
- lottin 4y agoIt's not just banks, this is how limited liability works.