Originally posted on 05/25/2013:

Quote Originally Posted by MD View Post
You can make a lot more money on a coin flip at great odds, though. Think of it this way: if you take four +200 coin flips, there's a 6% chance that you lose all four, and you only need to win one​ to break even.
and...

$100 to win $200 lose
$100 to win $200 lose
$100 to win $200 lose
$100 to win $200 win

-$100, not even