Multiplicative Payoffs
Premise
It costs $100 to play. Your bet is put into the pot. Your payoff is determined by 10 consecutive coin tosses.
- After each heads the pot increases 50%.
- After each tails the pot decreases 40%.
At the end, whatever's in the pot is yours.
Parameters
$
%
%
Properties
- Expected Value
- $162.89
- Median Value
- $59.05
- Current Value
- $100.00