Probability Calculator

Probability Analysis

37% is less than 50 percent, which means you only have less than a half chance to last more than 512 days

63% chance to lose all your money before 512 days

by the way when (511/512)^n = 1/2, n is about 354 days

The more you bet the more you lost

Gambling 511000 at first day has higher chance to last 512 days (50 percent)

If you gamble 56 times, you have about a 90% chance of winning $56,000 while keeping your initial balance of $511,000 intact.

The 90 percent of 511000 is 51100 which is smaller than 56000 so it's rate is higher than a normal condition,but as the more you bet the rate will decrease.You can try down there.

Martingale strategies may work in the short term but are not sustainable for long-term success.

Probability Calculator

Calculate (511/512)^n for a given number of days

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