Re: Real tough problem.....pls try...


<arun.madras@xxxxxxxxx> wrote in message
news:1152107624.371637.177670@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Come up with the strategy
which ensures you the largest possible amount (that is, the strategy
which whose worst-case scenario is as good as possible).

Maximizing _worst-case_ return is not tough at all...

The worst case-scenario is that you lose all bets (no matter whether
by random, or by a lie from the Oracle). To minimize this loss, you
should bet 0 dollars at each round. This strategy will guarantee the
worst case return of exactly 100 dollars.

All other strategies (i.e. at least one non-zero bet) have a worst-case
return less than 100 dollars.

- Risto -


.

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