Comment on Is there a house advantage in a "double-or-nothing" coin flip game?

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HandwovenConsensus@lemm.ee ⁨3⁩ ⁨months⁩ ago

Not quite the same, since in my scenario the player loses everything after a loss while in the St. Petersburg Paradox it seems they keep their winnings. But it does seem relevant in explaining that expected value isn’t everything.

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