[wmorgan]

I guess this is my point of disagreement with the article:

> We have thus arrived at the intriguing result that wealth averaged over many systems grows at 5% per round, but wealth averaged in one system over a long time shrinks at about 5% per round.

Wealth averaged over many systems doesn’t grow by 5%. It shrinks just like the average. The EV calculation is just wrong. For any finite starting wealth between the players and the bank, there is a number of iterations where the EV turns negative.

If you say, well let the starting wealth be infinite, I say, okay? If you have infinite dollars there are a lot of tricks for making infinite more dollars. It doesn’t work in the real world.