The amount of winnings you can expect (a mathematician would call this “the expected winnings”) is the probability of winning times how much you win, minus the probability you lose times how much you lose. Assuming you bet 1 “chip” (or whatever currency makes sense), then the first round you can either lose or gain 1 new chip. Take a simple “double or nothing” scenario like the pass line in craps, where you have a (49.3%) probability of winning. But without them, you’re screwed as much as always. With infinite funds, you will win eventually. Like so many things in life, this plan works great if you already have an infinite amount of money. The problem with it is nestled firmly inside that “eventually”. Then rinse and repeat until Musk and Bezos come begging for a handout.Īt first blush this seems like a reasonable trick. This system sounds like a clever way to beat any game: just place larger and larger bets, to cover all of your previous loses and a little more, because eventually you’ll win.

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