Data Science DISCOVERY MicroProjects w/ Michelle - #06: "Infinite Money in Roulette" скачать в хорошем качестве

Data Science DISCOVERY MicroProjects w/ Michelle - #06: "Infinite Money in Roulette"

The "Martingale Betting System" is a specific strategy that, when applied to the game of Roulette, involves the following actions: You will initially start by betting a small amount (ex: $1.00) on red. Based on the outcome: If you win (the wheel lands on red), you will win your bet. You have made $1.00 and you can repeat again with $1.00. Each time you lose, you double your bet (initially, after one loss, a $2.00 bet; then $4.00; then $8.00; and so on) until you win. Using this strategy, every bet will always recover all previous losses and ALWAYS result in a winning bet netting a win of $1.00. (Ex: A $4.00 bet that wins only happens after a $1.00 and $2.00 loss, still resulting in a +$1.00 net win.) Therefore, mathematically, this betting strategy will result in an infinite increasing amount of money so long as you play the game long enough! In this MicroProject, we will explore this claim and use simulation to play Roulette using the Martingale Betting System. Let's nerd out! :)