Chalks
Level: Master Delver
Rank Points: 267
Registered: 04172005
IP: Logged

Re: The Kingdom of Loathing (0)
ok mmg math question. Here is my system:
I am assuming that the odds of winning at the MMG are 5050.
bet 5k. if you win, bet 5k again. if you lose, triple your bet. Once you win the continually tripled bet, go back to betting 5k.
now, working this out to a max bet of 1215k, you get a profit of X if you win at Y:
5k @ 5k
10k @ 15k
25k @ 45k
135k @ 70k
245k @ 405k
610k @ 1215k
if you bet 5k a total of 64 times (which means you could bet 1215k several times within those 64 times), you will win the X bet Y number of times:
5k, 32
15k, 16
45k, 8
135k, 4
405k, 2
1215k, 1
out of all that profit you will lose the 1215k bet once. losing the other bets doesn't matter, as you make your meat back right away. So, losing the 1215k bet makes you lose a TOTAL of 1820k (because you would have lost the 5, 15, 45, 135, and 405k bets as well). However, you will gain a total of 1900k if you win everything I laid out.
Obviously this will only work out if you do it a huge number of times, but...is the math accurate, or am I forgetting something about the odds of something happening (ie, odds of a coin landing heads 6 times in a row).
