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BGonline.org Forums
Roulette puzzle
Posted By: Joe Russell In Response To: Roulette puzzle (Timothy Chow)
Date: Wednesday, 28 April 2010, at 11:27 a.m.
You will wager $1 to win $35 108 times. When you win you get back $36. Therefore, if you win 3 times you break even. The number of times you win twice or less determines how often you lose.
37/38^108+(37/38)^106*1/38*108+(37/38)^106*1/38^2*107!=.4051344
E. You should lose less than 50%.
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