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.
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.
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?
Yeah, I can’t speak to the behind-the-scenes drama, but I agree that Pierce was at his best in Season One, where he was a little bit grandiose and a little bit of a jerk but still had moments of wisdom and humanity. I always liked the talk he gave Jeff in the boating episode.
Turning him into a total buffoon villain from season 2 onwards was a change for the worse.
That’s not true. The Hoover Dam contributes to Vegas’s power supply, but it’s nowhere near “almost entirely powered” by the dam, except in Fallout: New Vegas.
I would argue that the doctrine of Hell introduced in the New Testament is crazier than anything in the Old Testament.
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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?
Not much under that, but I remember them. I remember them more than slide decks.
Gremlins: Secrets of the Mogwai and Disco Elysium. Yeah, I could see that.
Anyone know what the game in the original meme is?
Those are pretty awesome! Thanks, I think I can get a lot of benefit from them.
Everything except cyclist. I do ride a bike, but I don’t relate to the description.
I think it’s possible that people are simply confused because the answers are the same for most decades. But one thing I would try maybe is setting the “value” of the different options, since that’s what you’re reading.
As I understand it, if no value is set, the browser should return the name instead, so the way you have it should work, but that may vary depending on browser.
EDIT: I tried to give an example, but lemmy keeps filtering out my explanation even if I enclose it in code tags. Hopefully you know what I mean.
The plummeting should take care of itself from that point. You might need assistance with the rotation though.