Magnanimous wrote:Expected payoff, if I'm interpreting the question correctly. So yes, the EV does approach infinity.
liniarc wrote:This is a question I came up with and asked my friends who couldn't give me a satisfactory answer.
xkcd follower wrote:The best bet would be to bet about 3 dollars. Thus, you have a 50% chance of winning if the better is not bias and choose to try and decrease your odds more. The result would be you winning at least something over nothing.
Hawknc wrote:This is the easiest question ever asked on the forum, and you guys turn it into a two-page debate.
...Don't ever change.
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