2 ms·
Except for limits (be it imposed by the casino or your bank account), it's a no-loss situation, even with slightly less than half winning chance (eg due to 0).
by pgeorgi 12y ago
Except for limits (be it imposed by the casino or your bank account), it's a no-loss situation, even with slightly less than half winning chance (eg due to 0).
Every time you lose, you make up by increasing the potential earning: $1 lost, $2 lost ($-3 total), $4 lost ($-7 total), $8 won ($1 total)
The only problem is that these theoretical limits are really limiting in practice ;-)
In case of the GPs buddies, if they started at $15, playing at ~$60k means that they lost 12 times in a row, and if they finally won that round, they still only gained $15.