Next privilege 125 Rep.
Next badge 0/1
0 people reached
- 0 posts edited
- 0 helpful flags
- 2 votes cast
Profit estimation with a dice: 10 dollars for 6, -1 dollar for anything else
Nope, read again Freddy's answer. Also perhaps it is worth mentioning that 5/6 dollars is $0.83333...
Why is random trading minus transaction costs not zero expected value?
@chrisaycock, good point, but I'm glad that Palace Chan asks the question here too because I'm also interested in the answer.