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qsdf321 t1_irzzbxl wrote

You could just plug the numbers in the Kelly formula and know right away that it has a negative expected outcome (like all casino games).


nautilus_red OP t1_is038it wrote

Its not about finding out that you lose when playing roulette which is absolutely obvious... You also dont need any kind of formula to conclude that, you could just look at a P&L of a casino ;)

It was about approaching a problem from a different angle and have some fun with a simulation :)