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23-09-05, 10:51 PM
Interestingcoz one wouldn't need an advanced mathmatics degree to figure out that the chances of winning any one of the 20 rounds is 50/50 (so one should expect to win 10 rounds *) and the payout is 2.5 times the wager. It's obvious then that the optimal strategy is to wager in each of the 20 rounds.
Maybe emotionally damaged people are better at math. Now that I think of it, and recall my math teacher, there just might be something in that.
What a pity that the actual stock market isn't a series of 50/50 wagers with guaranteed payouts 2.5 times the wager.
[*]With only 20 rounds, it's very possible to loose more than 50% of the time, but if it were extended to say 100 rounds, the results come out closer to 50/50.
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