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Each deposit you make to your bank account is randomly either halved or doubled. Same for each withdrawal.
Correction (tip o' the hat to Wrongfellow):
Each deposit you make to your bank account is randomly either halved or multiplied by three halves. Same for each withdrawal.
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so you receive the amount you ask for but your account shows either half or twice the amount? |
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if your account is with a supermarket - your total shopping bill could be halved or doubled as well. oh, don't financiers have fun! |
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[sqeak], do all the other depositors get to make comments on your deposits? |
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Uh, wait a minute... this is not a sperm bank, right? |
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You can easily recreate this idea at the roulette wheel, or by finding a bookee willing to take bets on flipping a coin. |
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So if you deposit say £100, your accounts gets credited by either £50 or £200. |
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That is, either you lose £50, or you gain £100. |
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If it's a random 50/50 probability then it's worth your while to just keep depositing endlessly. The probability would have to be 66/33 to make things even out. |
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(Of course you'll have to alter the currency symbol appropriately depending which country you're in.) |
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what zen-tom said. as luck would have it, you'd end up losing by halves ***yes, my bank is half full*** |
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[Wrongfellow] is right. (As I realized after posting this.) [+] for that. Corrected posting: |
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Each deposit you make to your bank account is randomly either halved or increased by three halves. Same for each withdrawal. |
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Or there's the option that random is not neccesarily 50/50. You can set the software to double 1/3 the time and halve 2/3 the time. |
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//either halved or increased by three halves// |
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So now you either lose £50, or gain £150. |
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To make it balance out with a 50% probability, you need to either lose £50 or gain £50 - that is, your deposit is either halved, or increased by 50% (3/2). |
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[Wrong] is right again. See corrected posting above. |
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wrong is right again. Something tagline-ish about that. |
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When I saw the title I thought it would be an idea for a
bank where you could deposit theoritical money. I was
pretty enthused by that notion until I realized we already
have one of those: the United States Treasury. |
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Isn't this just a re-naming scheme for investment banking? |
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