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Risk Over Risk Plus Reward

Hi gang, I am trying to write a book called Risk Over Risk Plus Reward.

The idea is to try & explain to the layman some risk taking concepts from the perspective of a games player & trader.

I am going to post some problems on here over the next few months as it will be interesting to see how the bridge community answers compared to general polls elsewhere. First up...

If someone offers to toss a fair coin, paying you more when it lands heads than you have to pay them when it lands tails, divvying up $100, what would the split have to be to entice you to play?

There is no guarantee you get to play this game more than once. 

This is not a trick question,  credit risk etc just answer as if someone was really mad enough to offer this flip to you. Thanks. 

 

Heads you receive $51, tails you pay $49
Heads you receive $55, tails you pay $45
Heads you receive $60, tails you pay $40
Heads you receive $70, tails you pay $30
Heads you receive $80, tails you pay $20
Heads you receive $90, tails you pay $10
I would not play this game no matter what.

Sorry, to answer polls. Registered users can vote in polls, and can also browse other users' public votes! and participate in the discussion.

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