kaplan MM250 Unit 5 discussion

kaplan MM250 Unit 5 discussion

Question

Unit 5

Discussion

Discussion topic #1: There is a strategy in betting in which if you lose, you play again, betting twice what you did before. You stop if you win. The theory is that you will eventually win a hand, and doubling each time will cover your loss from the previous bet. Therefore you will, eventually, come out ahead. What's wrong with this strategy in practice?

Discussion topic #2:Compose your own form of a Fibonacci-type recursive sequence. Describe the sequence and provide the first 10 terms in your sequence.