The winner of the World Series is the first team to win four games, so the maximum number of games that could be played is 7.
Sean wants to place a $100 bet (even money) on this team to win the whole series. A bookie says he will not take bets on the whole series, but would be willing to let Sean bet on each individual game.
Is there a betting strategy that Sean could put in place to replicate his $100?
I'm assuming that:
* Sean can delay his bet on a specific game until he knows the outcome of the previous games;
* and that the end result of all the bets after the World Series is over that he will be +100 if his team won the Series and -100 if his team lost the Series.
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Posted by Larry
on 2023-03-09 07:08:52 |
Clarification
