5912概率困难数值题long
All-In or Split the Stake to Double Up
题目
You have and want to double it to on a subfair even-money bet that wins with probability (and you quit forever once you either reach or hit ). Compare two plans: (A) bet the whole in one shot; (B) bet each round until you reach or go broke. Which gives the higher probability of doubling, and what are the two probabilities?
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你的答案
Which plan gives the higher probability of doubling?
Probability of doubling for Plan A
Probability of doubling for Plan B