Friday, February 08, 2008

Gambling Problem

The house is always determined to make sure you walk out with less money than what you entered in. But Ted feels he's found a strategy for roulette that works. He tells you:

"In each round, I always bet half of the money I have at the time on red. Yesterday, I counted and I had won as many rounds as I had lost."

Over the course of the night, did Ted win, lose or break even?

In case you're not aware, if red comes up, you win as much money as you bet. So, if you bet $100, you win $100. If black comes up, you lose the $100.


  1. Start Bet Result
    $500.00 $250.00 W $750.00
    $750.00 $375.00 L $375.00
    $375.00 $187.50 W $562.50
    $562.50 $281.25 L $281.25
    $281.25 $140.63 W $421.88
    $421.88 $210.94 L $210.94
    $210.94 $105.47 W $316.41
    $316.41 $158.20 L $158.20
    $158.20 $79.10 W $237.30


Leave your answer or, if you want to post a question of your own, send me an e-mail. Look in the about section to find my e-mail address. If it's new, I'll post it soon.

Please don't leave spam or 'Awesome blog, come visit mine' messages. I'll delete them soon after.

Enter your Email and join hundreds of others who get their Question of the Day sent right to their mailbox

Preview | Powered by FeedBlitz

The Lamplight Manor Puzz 3-D
Are you looking for a particular puzzle, riddle, question, etc? Or do you want to find the answer today rather than wait till tomorrow!