All about flooble | fun stuff | Get a free chatterbox | Free JavaScript | Avatars    
perplexus dot info

Home > Games
Flipping for Dollars (Posted on 2002-10-09) Difficulty: 3 of 5
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: ( Back to comment list | You must be logged in to post comments.)
Wait a second... | Comment 1 of 21
So when do I take the money? If the coin shows heads I put double what's already on the table, and if tails comes up, then you take all the money I was putting on the table while throwing heads.

Or am I missing something?
  Posted by levik on 2002-10-09 11:37:23
Please log in:
Login:
Password:
Remember me:
Sign up! | Forgot password


Search:
Search body:
Forums (0)
Newest Problems
Random Problem
FAQ | About This Site
Site Statistics
New Comments (12)
Unsolved Problems
Top Rated Problems
This month's top
Most Commented On

Chatterbox:
Copyright © 2002 - 2024 by Animus Pactum Consulting. All rights reserved. Privacy Information