Million Pound Drop Live - Decision Theory

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  • Le_Donk
    SBR Wise Guy
    • 02-13-10
    • 627

    #1
    Million Pound Drop Live - Decision Theory
    hi
    its a tv show game, it goes like this
    you start with $1 000 000, there are 8 questions each has 4 possible answers , the player can spread his money on the answers but always has to leave on field empty, minbet is $25 000. you can keep the money , that u had on the right answer.
    after the 3rd questions there are only 3 possible answers but you still have to leave on field empty.

    i wanna know whats the best strategy to play this game , like if im 80 % sure its answer A , to i put 80 % of my bankroll on A or to i bet 100 %
    thanks
  • josie88
    SBR Rookie
    • 02-12-09
    • 48

    #2
    You might want to try wizardofodds. I remember them doing an analysis like what you're asking on deal or no deal.
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    • That Foreign Guy
      SBR Sharp
      • 07-18-10
      • 432

      #3
      Originally Posted by egj Let's assume we are dealing with the utility function log(x). Wouldn't it be more standard (and reasonable) to have your utili


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