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by gerard
3186 days ago
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You've defined a fair game [1], one which you're just as likely to win or lose, by the same amount each time. Clearly neither side of this game has an advantage over the other, for any given coin toss. But you expect that long term it will work in your favour? [1] technically it's a martingale https://en.wikipedia.org/wiki/Martingale_(probability_theory... |
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