perplexus.info :: Games : Flipping for Dollars

Flipping for Dollars (Posted on 2002-10-09)

We play a game as follows:

I place one dollar on the table. I repeatedly flip a coin. Each time the coin comes up heads, I double the money on the table. The first time the coin comes up tails, you take the money and the game is over.

What's a fair admission price for the game?

Would you play the game with me for $100?

See The Solution Submitted by Jim Lyon

Rating: 3.9000 (10 votes)

Comments: ( You must be logged in to post comments.)

Subject	Author	Date
Puzzle Thoughts	K Sengupta	2022-12-27 22:15:50
No Subject	cogitater	2007-01-14 03:20:53
How much you play	Dan Porter	2004-01-15 02:49:15
No Subject	Sara	2003-11-10 20:18:31
The house	ratsnstuff	2003-10-14 05:30:05
Try this	Ryan	2003-05-07 08:21:13
No Subject	Alan	2003-01-04 14:18:04
re Solution	Cheradenine	2002-10-14 03:02:08
re(2): something missing	Cheradenine	2002-10-10 08:11:14
re: something missing	Cheradenine	2002-10-10 07:37:38
something missing	Cheradenine	2002-10-10 05:24:00
My take	friedlinguini	2002-10-10 03:45:11
re(3): Wait a second...(Another DOH!)	TomM	2002-10-09 20:08:27
Doh!	TomM	2002-10-09 19:03:32
re(4): Wait a second...	TomM	2002-10-09 18:24:26
re: Is $100 high or low?	TomM	2002-10-09 18:12:19
Is $100 high or low?	TomM	2002-10-09 18:07:29
re(3): Wait a second...	TomM	2002-10-09 18:05:21
re(2): Wait a second...	levik	2002-10-09 16:44:53
re: Wait a second...	Jim Lyon	2002-10-09 11:49:16
Wait a second...	levik	2002-10-09 11:37:23

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