Assume p=0.5, q=0.8. Alice should bet d( (1-0.8)^2 − 0.5^2 ) = −0.21d. Am I missing something here?
You are correct. There was a sign error that I didnt notice because the answer looked so similar to the one I knew was right from doing it before Thanks! It is corrected now
Assume p=0.5, q=0.8. Alice should bet d( (1-0.8)^2 − 0.5^2 ) = −0.21d. Am I missing something here?
You are correct. There was a sign error that I didnt notice because the answer looked so similar to the one I knew was right from doing it before Thanks! It is corrected now