| ▲ | roncesvalles 2 days ago | |
It's not the same due to the Law of Large Numbers. The risk involved in many small 51% bets is very different from the risk in a single all-or-nothing 51% bet. | ||
| ▲ | lelanthran 2 days ago | parent [-] | |
> The risk involved in many small 51% bets is very different from the risk in a single all-or-nothing 51% bet. Right, but parent didn't say anything about an all-in bet, just double-or-nothing on a positive EV bet. Frankly, I'd repeatedly bet on a positive EV bet too; it's a guaranteed win if you're allowed to go on for as long as you want to. | ||