Double or Nothing - this is not my post

logistic_guy

logistic_guy

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This post was sent to me by a message by a new member named @coolguy123. Please help him if you can!

@coolguy123 has written the following:

So i have this casino in a online RP game right, and this might sound dumb, but i am really confused wether or not this has a house edge

1750623251751.png

the game is like a ride the bus kind of a thing. Your bet is multiplied more and more each coin flip you call correctly, but if you call one wrong, you lose it all. You can stop at any point you want and collect your winnings.

I asked chatgpt (yes i know its stupid) and im pretty sure it didnt quite understand the game, or maybe its right. But it said that the RTP is 235% or something like that, i dont quite remember, but i thought that was ridiculous, but here i am.
I also noticed some people kept winning so idk if they were just very lucky, or the game really has no house edge, so im hoping to get an answer here. Thank you in advance :)
 
logistic_guy said:
This post was sent to me by a message by a new member named @coolguy123. Please help him if you can!

@coolguy123 has written the following:

So i have this casino in a online RP game right, and this might sound dumb, but i am really confused wether or not this has a house edge

View attachment 39462

the game is like a ride the bus kind of a thing. Your bet is multiplied more and more each coin flip you call correctly, but if you call one wrong, you lose it all. You can stop at any point you want and collect your winnings.

I asked chatgpt (yes i know its stupid) and im pretty sure it didnt quite understand the game, or maybe its right. But it said that the RTP is 235% or something like that, i dont quite remember, but i thought that was ridiculous, but here i am.
I also noticed some people kept winning so idk if they were just very lucky, or the game really has no house edge, so im hoping to get an answer here. Thank you in advance :)
Click to expand...
to @coolguy123

Please show us what you have tried and exactly where you are stuck.

Please follow the rules of posting in this forum, as enunciated at:


Please share your work/thoughts about this problem
 
khansaheb said:
to @coolguy123

Please show us what you have tried and exactly where you are stuck.
Click to expand...
He cannot show. His account is new😛And please Sir khan, stop this bad habit of posting READ BEFORE POSTING to all new threads. You are unintentionally destroying the beauty of asking questions.
 
khansaheb said:
I did not call it FELONY!!

It is just a misdemeanor!!!!
Click to expand...
Whatever you say! The OP is checking this thread everyday looking for hints and answers, but no one has the guts to help him. Instead, you only talk about the useless rules all the time!
 
R: × 1
RR: x 2
RRR: x 4
RRRR: × 8

n right guesses = [imath]\left( \frac{1}{2} \right)^n[/imath] and money = [imath]I \times 2^{n - 1}[/imath]

Probably of losing [imath]1 - \left( \frac{1}{2} \right)n[/imath]
 
For n flips,

[imath]E(X) = \frac{1}{2^n} \times 2^n \times I - \left( 1 - \frac{1}{2^n} \right) \times I[/imath]
 
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