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Old 06-07-2007, 02:30 PM
PairTheBoard PairTheBoard is offline
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Default Re: 2nd Flip of a bent coin

[ QUOTE ]
The question I'm poking around is whether the pre-first flip 50-50 bet, which is a game-theory protection approach to it, has any connection to the 50-50 expectation that I would base my wanting to bet the way the coin flips the 1st time. Actually, I don't think it matters if we know the coin is bent or not, if I'm dealing with a unknown 'normal' coin and it flips heads the first time I'd want to bet even money on heads the second time.


[/ QUOTE ]

You are confusing me. On the Second Flip, Do you know the coin has been bent or not? You say you would want to bet even money on Heads. Would you be just as happy to bet even money on Tails? If not, why not?

PairTheBoard
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