Advanced Placement (AP)

There's a betting system having 0,1,2,3,4,5,6,7,8,9 sample with winning numbers 0,1 and 2. If any of 0,1 or 2 shows up, the winning amount is 2.2 times the current stake. On a win, the stake is reset to $0.35 and on a loss the staked amount is lost and the next bet is increased by factor 0.5 (i. e if initial bet is $0.35, then on losing, next bet is $0.53 {0.35*0.5+0.35} and so on. please what's the expectancy of this continuous betting system? Is it profitable?

answer
Answers: 3

Other questions on the subject: Advanced Placement (AP)

image
Advanced Placement (AP), 24.06.2019 20:00, anna4060
Suppose you are making a map of stars around the sun, and you draw earth 1 cm from the sun on your map. the brightest star in the night sky is 8.6 light-years from the sun. on your map, how far would you place that star from the sun?
Answers: 1
image
Advanced Placement (AP), 26.06.2019 00:00, brenyasanders6238
Atown located beside a river derives a large percentage of its revenues each year from the local logging industry. however, heavy traffic to and from the logging sites has increased pollution and contributed to soil erosion. this has also resulted in the loss of native bird species in the logged forests. which of the following is the most sustainable solution to this problem? protecting certain forested areas to allow the birds to recover relocating the equipment and vehicles to new forests for logging relocating the birds to new forests away from the town introducing new bird species to replace the species that have been lost reducing the number of trucks traveling through the forest by 10 percent
Answers: 2
image
Advanced Placement (AP), 26.06.2019 01:40, shafferakr6
Abdid is an astronomer who has been observing objects that orbit the sun in the asteroid belt. he finds a previously undiscovered round, rocky object that is not similar in shape to the rest of the asteroids. what has abdid most likely found?
Answers: 1
image
Advanced Placement (AP), 26.06.2019 04:00, ayoismeisjjjjuan
Analyze the misfit’s statement: “she would have been a good it had been somebody there to shoot her everyday of her life.”
Answers: 1
Do you know the correct answer?
There's a betting system having 0,1,2,3,4,5,6,7,8,9 sample with winning numbers 0,1 and 2. If any of...

Questions in other subjects: