Show simple item record

dc.contributor.author Long, Jarrod en
dc.date.accessioned 2009-08-19T22:47:51Z en
dc.date.available 2009-08-19T22:47:51Z en
dc.date.issued 2008-12 en
dc.identifier.uri http://hdl.handle.net/10139/655 en
dc.description.abstract All bettors, including the ”House,” experience losing streaks and winning streaks. The House typically has a ”bankroll” that is orders of magnitude larger than that of any individual bettor, and so can survive losing streaks without going bankrupt, thus remaining solvent long enough to win. Online wagering provides a new twist to this age-old scenario. We use elementary mathematical principles together with the idea of a virtual infinite sample size and the elimination of time as a constraint to develop a fail-proof system that generates the greatest possible exponential growth of capital. Let σ (stake) be the amount you wish to invest or wager each time and ρ (return) be your return or odds on a proposition. Let n (number) be the sum of consecutive loosing investments or number of times you can loose on an identical proposition before depleting a specified amount of investment capital called β ( bankroll). The resultant equation, which I call the: Investment Betters Algorithm (click on thesis to view) provides the answer to remaining solvent long enough to outlast the irrationality of the simulated online ” wagers open market ” through a geometric progression. The augmented bankroll β , calculated slightly higher than the typical sum of the Geometric Series, can serve as a safeguard to capital ruin by it extreme disproportion to. Consider further the expected value of even money propositions, a virtual infinite sample size, and the elimination of time as a constraint and you have a no fail system to generate the greatest progressive exponential growth of capital. Current problems associated with financial return optimization algorithms are identified and discussed. Probable solutions to those problems are also prescribed along with improvements to diversified portfolio design. en
dc.language.iso en_US en
dc.rights All rights reserved to author and California State University Channel Islands en
dc.subject Investing en
dc.subject Market analysis en
dc.subject Betting en
dc.subject Online sports wagering en
dc.subject Mathematics thesis en
dc.title Investment Betting Algorithm en
dc.type Thesis en

Files in this item


This item appears in the following Collection(s)

Show simple item record

Search DSpace

My Account

RSS Feeds