Re: Bet life savings on one roulettte spin!!
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Now if he had not only bet his life savings, but put himself into debt for the same amount and put it all on a colour...
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Wouldn't that be +EV w/ a near 50% shot at quadrupling your net worth (betting 2x your net worth) vs. the downside of declaring bankruptcy? I see very little difference between bring busto and being bankrupt...compared to the difference of doubling to quadrupling your upside.
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