Challenge: The person who provides the best way to win 1 BTC using a bankroll of 1 BTC. I will give 0.1 BTC to (payable to their moneypot account).
Assuming the constraints of a dice site such as bitdice.me or pocketrocketscasino.eu: 1% house edge, 9900x max payout, 1 satoshi minimum bet. Provide a well-defined betting sequence to maximize EV. If I don't have the skills to analytically analyse your solution, I will be forced to simulate it over a few billion runs. Your betting sequence must be FULLY specified without any ambiguities.
Let me start with the most obvious solution:
Bet 1 BTC @ 2x ... which gives an EV of -0.01
Assuming the constraints of a dice site such as bitdice.me or pocketrocketscasino.eu: 1% house edge, 9900x max payout, 1 satoshi minimum bet. Provide a well-defined betting sequence to maximize EV. If I don't have the skills to analytically analyse your solution, I will be forced to simulate it over a few billion runs. Your betting sequence must be FULLY specified without any ambiguities.
Let me start with the most obvious solution:
Bet 1 BTC @ 2x ... which gives an EV of -0.01
I don't think you will find better than the most obvious solution
