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Bold Play - Gambling System

  1. Jul 24, 2012 #1
    Hi all,

    I have attached a file in which at last page in example 7.8 I am stuck. I don't understand that how the author has calculated the Q(0.9)=.88 by using equation 7.31, can someone please show me the calculation process?

    Thanks in advance.

    Attached Files:

  2. jcsd
  3. Jul 25, 2012 #2


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    Science Advisor

    Hey woundedtiger4.

    Is the Q function the quantile function?
  4. Jul 25, 2012 #3


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    It would be helpful to know what Wn, F, etc. , stand for. If you have a notational index, please include it if possible.
  5. Jul 25, 2012 #4
    Thanks to everyone for being so much helpful, W_n is the (amount) wager to place on nth bet.
    W_n = f_n{X_1, X_2, X_3,.....X_n-1}

    I have managed to calculate Q(.9)=.88 by using the first formula on on first page.

    Once again many thanks to all of you who showed interest.
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