Mathematics, 22.07.2021 23:10 natalie2sheffield
A gambler has a strategy in which if they lose at a game, they will bet double the previous bet to make up for what they lost. Assume there is no limit on how much they can bet. They initially bet $10 on the first game.
(This is a terrible strategy, and requires already having a lot of money to begin with.)
a) If they lose 13 games in a row, how much money did they lose on the 13th game only?
b) How much money did they lose on all 13 games combined?
Answers: 3
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