Interesting post found at another website:
" We asked the following question of interview candidates, and gave them twenty minutes to formulate their answer.
You decide to play poker in a casino. But on your way to the poker pit, you are lucky enough to stumble upon a promotional roulette wheel that has been set up differently from a normal wheel. A standard wheel has eighteen black, eighteen red, and one green space (though some have two green spaces). There are still thirty-seven spaces on the wheel, but
- There are four spaces marked Red-16 (the three extra spaces replacing three Black numbers) ,
- There are three spaces marked Red-14 (the two extra spaces replacing two Black numbers).
So there are
Twenty-three spaces marked Red = {Sixteen singles, four Red-16, three Red-14} ,
Thirteen spaces marked Black = {Thirteen singles} ,
One space marked Green = {One Green-0}.
- You have a starting bankroll of $1000, and are allowed to play for ten spins.
- You are only allowed to place one of these types of bets:
-- Any single number (including R-16, R-14, G-0), which pays off at 35-1 ,
-- Red or Black, which pays off at 1-1.
- You are allowed to place a bet for any amount (up to your current bankroll).
- You are allowed to place multiple bets on the same spin.
- You can use any winnings for future bets (e.g., if you bet $1000 on Red on spin one, and win, you now can place up to $2000 worth of bets on spin two.)
What is your strategy?"
" We asked the following question of interview candidates, and gave them twenty minutes to formulate their answer.
You decide to play poker in a casino. But on your way to the poker pit, you are lucky enough to stumble upon a promotional roulette wheel that has been set up differently from a normal wheel. A standard wheel has eighteen black, eighteen red, and one green space (though some have two green spaces). There are still thirty-seven spaces on the wheel, but
- There are four spaces marked Red-16 (the three extra spaces replacing three Black numbers) ,
- There are three spaces marked Red-14 (the two extra spaces replacing two Black numbers).
So there are
Twenty-three spaces marked Red = {Sixteen singles, four Red-16, three Red-14} ,
Thirteen spaces marked Black = {Thirteen singles} ,
One space marked Green = {One Green-0}.
- You have a starting bankroll of $1000, and are allowed to play for ten spins.
- You are only allowed to place one of these types of bets:
-- Any single number (including R-16, R-14, G-0), which pays off at 35-1 ,
-- Red or Black, which pays off at 1-1.
- You are allowed to place a bet for any amount (up to your current bankroll).
- You are allowed to place multiple bets on the same spin.
- You can use any winnings for future bets (e.g., if you bet $1000 on Red on spin one, and win, you now can place up to $2000 worth of bets on spin two.)
What is your strategy?"
