4 ms·

Are you forced to bet everything on every flip?

• sokoloff 3y ago
  If your goal is to double your money on each successful flip (as implied in [0]), then yes. [0] https://news.ycombinator.com/item?id=37586995 https://news.ycombinator.com/item?id=37586995
• AdamN 3y ago
  I think that's the implication: https://en.wikipedia.org/wiki/St._Petersburg_paradox https://en.wikipedia.org/wiki/St._Petersburg_paradox https://en.wikipedia.org/wiki/Martingale_(betting_system) https://en.wikipedia.org/wiki/Martingale_(betting_system)
• brigadier132 3y ago
  That's where skill comes in and invalidates the point that it's all luck.