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That Game With Pennies...


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You know, where you start out with a penny or two and you can keep doubling it?I forget what the name of the site is. I know there's a thread but I can't figure out what it is.

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You know, where you start out with a penny or two and you can keep doubling it?
Double a penny every day for a month and you will have over 10 million dollars at the end of that month, oooooooooh!1-Jan $0.01 2-Jan $0.02 3-Jan $0.04 4-Jan $0.08 5-Jan $0.16 6-Jan $0.32 7-Jan $0.64 8-Jan $1.28 9-Jan $2.56 10-Jan $5.12 11-Jan $10.24 12-Jan $20.48 13-Jan $40.96 14-Jan $81.92 15-Jan $163.84 16-Jan $327.68 17-Jan $655.36 18-Jan $1,310.72 19-Jan $2,621.44 20-Jan $5,242.88 21-Jan $10,485.76 22-Jan $20,971.52 23-Jan $41,943.04 24-Jan $83,886.08 25-Jan $167,772.16 26-Jan $335,544.32 27-Jan $671,088.64 28-Jan $1,342,177.28 29-Jan $2,684,354.56 30-Jan $5,368,709.12 31-Jan $10,737,418.24
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Double a penny every day for a month and you will have over 10 million dollars at the end of that month, oooooooooh!1-Jan $0.01 2-Jan $0.02 3-Jan $0.04 4-Jan $0.08 5-Jan $0.16 6-Jan $0.32 7-Jan $0.64 8-Jan $1.28 9-Jan $2.56 10-Jan $5.12 11-Jan $10.24 12-Jan $20.48 13-Jan $40.96 14-Jan $81.92 15-Jan $163.84 16-Jan $327.68 17-Jan $655.36 18-Jan $1,310.72 19-Jan $2,621.44 20-Jan $5,242.88 21-Jan $10,485.76 22-Jan $20,971.52 23-Jan $41,943.04 24-Jan $83,886.08 25-Jan $167,772.16 26-Jan $335,544.32 27-Jan $671,088.64 28-Jan $1,342,177.28 29-Jan $2,684,354.56 30-Jan $5,368,709.12 31-Jan $10,737,418.24
I started to work this out last night before I realized in the middle of it that he wasn't talking about the compounded interest game, he was talking about Moola.
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Moola added a sports betting application through an external source. There was a fairly small max bet, but payouts are based on a formula which is adjusted according to where the money goes. This formula makes betting on the favorite very -EV and underdogs +EV.There was a bug where you could leave the betting window open and place bets after the game started/betting was closed. For a couple weeks I would leave it up and place a bunch of bets in the 3rd period of a hockey game / 4th quarter of football game. It was easy $. But eventually they caught on and I got banned from the betting application (not moola). And they made no attempt to take the money back.

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Double a penny every day for a month and you will have over 10 million dollars at the end of that month, oooooooooh!1-Jan $0.01 2-Jan $0.02 3-Jan $0.04 4-Jan $0.08 5-Jan $0.16 6-Jan $0.32 7-Jan $0.64 8-Jan $1.28 9-Jan $2.56 10-Jan $5.12 11-Jan $10.24 12-Jan $20.48 13-Jan $40.96 14-Jan $81.92 15-Jan $163.84 16-Jan $327.68 17-Jan $655.36 18-Jan $1,310.72 19-Jan $2,621.44 20-Jan $5,242.88 21-Jan $10,485.76 22-Jan $20,971.52 23-Jan $41,943.04 24-Jan $83,886.08 25-Jan $167,772.16 26-Jan $335,544.32 27-Jan $671,088.64 28-Jan $1,342,177.28 29-Jan $2,684,354.56 30-Jan $5,368,709.12 31-Jan $10,737,418.24
Wait ... if I double a penny every day it is still just .02 / day. So you would have .62 at the end of January.
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Wait ... if I double a penny every day it is still just .02 / day. So you would have .62 at the end of January.
Ship it.
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