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Joined 2 years ago
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Cake day: July 23rd, 2023

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  • The math doesn’t work because given enough rolls you literally always go bankrupt no matter what bankroll you start with. Take the simplest option a fair coin where you win on tails and lose on heads. Real actual random flips will contains runs of heads. Let N be the number of rolls required to bankrupt you for any value of N. The more you roll the more the probability of such a run increases towards 1.

    You could end up bankrupting a billion dollar bank starting with 10 dollar bets. It’s only sound if you have a literally infinite bank. For any finite bank you just have to play longer to lose but you always end up losing.













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