06 Jun '08 15:401 edit

in Blackjack, let's assume you don't play perfectly (and aren't counting), and your chances of winning each hand is 0.48

If you start with $2048 and the minimum bet is $1, what are your odds for doubling your bankroll using a strategy of:\

1) doubling your bet ( b[n] = 2 * b[n-1] )

2) doubling your bet plus 1 ( b[n] = 2 * b[n-1] + 1 )

*edit* Just to clarify if you aren't familiar with these strategies, you start with a $1 bet. Each time you win, you reset your bet to $1. Each time you lose, you follow one of the strategies above.

If you start with $2048 and the minimum bet is $1, what are your odds for doubling your bankroll using a strategy of:\

1) doubling your bet ( b[n] = 2 * b[n-1] )

2) doubling your bet plus 1 ( b[n] = 2 * b[n-1] + 1 )

*edit* Just to clarify if you aren't familiar with these strategies, you start with a $1 bet. Each time you win, you reset your bet to $1. Each time you lose, you follow one of the strategies above.