Looking Glass Universe | Can you solve this gambling paradox? @LookingGlassUniverse | Uploaded 7 years ago | Updated 3 hours ago
Here's an interesting paradox for you to consider. We've all been told it doesn't pay to chase our losses gambling- but this video seems to prove that actually this will let you consistently win money. This can't be right- and that's the paradox.
Solution announced at this time where you live: https://www.timeanddate.com/worldclock/fixedtime.html?msg=Gambling+Paradox+Answer+Video&iso=20170115T17&p1=136
****************
Hints:
****************
_____
_____
_____
Small hint:
If you lost a lot of times in a row, you're going to run out of money at some point right?
_____
_____
_____
_____
_____
_____
Bigger hint:
Say you have to stop playing if you ever lost x amount. What's your expected winnings?
Here's an interesting paradox for you to consider. We've all been told it doesn't pay to chase our losses gambling- but this video seems to prove that actually this will let you consistently win money. This can't be right- and that's the paradox.
Solution announced at this time where you live: https://www.timeanddate.com/worldclock/fixedtime.html?msg=Gambling+Paradox+Answer+Video&iso=20170115T17&p1=136
****************
Hints:
****************
_____
_____
_____
Small hint:
If you lost a lot of times in a row, you're going to run out of money at some point right?
_____
_____
_____
_____
_____
_____
Bigger hint:
Say you have to stop playing if you ever lost x amount. What's your expected winnings?