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 Run around the Pond

Discuss about this new multiplayer game or comment current runs. (includes all versions of the game)

Game link..... Ponds
Ratings link..... Regular Pond Ratings -and- Dark Pond Ratings -and- Run in the Rain Ratings
Winners link..... All Winners - (Regular Ponds Only) - (Dark Ponds Only) - (Run in the Rain Only)


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19. January 2005, 06:48:23
Grim Reaper 
Answer: If there is NO COOPERATION among the other players, and the OBJECTIVE is to last for as long as possible, you can say with 100% certainty a bet of $19,999 will keep you around until the next turn.

Why is this so?

The only way to "lose" would be if everyone bet $20,000 (I am not sure if this would mean they all zero out anyway) which would imply massive cooperation, which would mean criterion #3 for unravelling the strategy has been evoked.

Granted, this is a ridiculous example, but you can go through a RETROGRADE ANALYSIS of survival through N rounds, then determine a bound you need never cross, then work your way back, then come up with a betting plan.

It is easier than you think, just play with it on paper (or in Excel) and you will see what I mean.

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