I’m looking at the game as a whole. The player has a 1 in 8 chance of winning 3 rounds overall.
I’m looking at the game as a whole. The player has a 1 in 8 chance of winning 3 rounds overall.
But the odds of the player managing to do so are proportionate. In theory, if 8 players each decide to go for three rounds, one of them will win, but the losings from the other 7 will pay for that player’s winnings.
You’re right that the house is performing a Martingale strategy. That’s a good insight. That may actually be the source of the house advantage. The scenario is ideal for a Martingale strategy to work.
Well, they have to start over with a $1 bet.
I don’t know if that applies to this scenario. In this game, the player is always in the lead until they aren’t, but I don’t see how that works in their favor.
You’re saying that the player pays a dollar each time they decide to “double-or-nothing”? I was thinking they’d only be risking the dollar they bet to start the game.
That change in the ruleset would definitely tilt the odds in the house’s favor.
Right, and as the chain continues, the probability of the player maintaining their streak becomes infinitesimal. But the potential payout scales at the same rate.
If the player goes for 3 rounds, they only have a 1/8 chance of winning… but they’ll get 8 times their initial bet. So it’s technically a fair game, right?
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What I can find all say seem to say more or less the same things about every candidate.
The US, but why? How does the answer differ in different countries?
Couldn’t you just add a comment that says that if the variable is false, then the person is sitting?
Or if the programming language supports it, you could add a getter called is_person_sitting that returns !is_person_standing.
There is, or at least was, at least one place catering to your friend’s tastes: https://urnotalone.com/male-maids-serve-it-up-at-japans-first-cross-dressing-maid-cafe/
Edit: More recent article: https://www.tokyoweekender.com/food-and-drink/restaurants-and-bars/boys-magically-become-girls-at-the-maho-ni-kakerarete-crossdressing-bar/
I thought that until just now.
Well, to be fair, he probably came up with it after hearing about Israel’s Iron Dome. So he might’ve meant something like that. Or he might think it’s a literal dome. Who can say with Trump.
Those are pretty awesome! Thanks, I think I can get a lot of benefit from them.
Fair. I didn’t understand what OP was getting at, so I took them literally. It seemed strange to ignore that white people in the early 20th loved depictions of smiling black people in servant roles.
As for ads targeted at black consumers… now I’m curious. I know there were newspapers targeted at black readers. I wonder if they had ads.
Ah, hm… I guess that makes sense. Bringing people to the office raises the value of surrounding retail, which in turn raises the value of the office. Thanks, that explanation clears it up.
Buying something to create artificial demand usually isn’t a good investment strategy. A “pump-and-dump” can work if you can set off a buying frenzy and sell before it wears off, but it’s not a long-term strategy.
Besides, if that was the plan, leaving the buildings vacant would be just as effective as using them.
Ok, so it’s about responding to local government incentives? I feel like that’s an important piece of the puzzle that’s overlooked when people say it’s about real estate prices.
Not quite the same, since in my scenario the player loses everything after a loss while in the St. Petersburg Paradox it seems they keep their winnings. But it does seem relevant in explaining that expected value isn’t everything.