Hello, writing the article about Expected Value, I've faced a problem to show everything in charts. The parameters of ONE game:
bank - 100 units
random function (0;1), so 50/50
win - +1.5 unit
lose - -1 unit
coin tosses - 100
The problem is about dispersion, in some examples, the final bank is above than it was, in others it's lower even with positive EV. To solve it, I have to show the general trend, that means to simulate the described game a thousand times, and to put on charts only the final bank of each simulated game. Probably, I can do it with monte-carlo model but do not know how...
Applying the file of one game simulated, needed a simulated of 1000 games like this.
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