Lets say I'm going to start with 100$ and flat bet 10$ --- even money bets with say a 52% chance of winning.
Now I can say that I have a certain chance of busting x before I hit a certain high point y.
As y increases so does x
Is it fair to ask then what are my chances to grow my stake infinitely?
It seems that at some point x would have to even out otherwise everyone would ultimately go broke.
How does this work?
Now I can say that I have a certain chance of busting x before I hit a certain high point y.
As y increases so does x
Is it fair to ask then what are my chances to grow my stake infinitely?
It seems that at some point x would have to even out otherwise everyone would ultimately go broke.
How does this work?