Here is a comparison between flat betting and using the G3M1.
A round is 100 decisions and 600 rounds (60,000) decisions were tested for each of the following examples in the Koetsch book.
Flat betting...
[attachimg=1]
G3M1....
[attachimg=2]
There are some interesting findings such as the percentage of times you will be ahead by 20 units flat betting = 2% compared to 47% using the G3M1. Also the percentage of times you will be ahead by 30 units flat betting = 0% compared to 29% using the G3M1. Now you may say OK, it's not that surprising that you aren't going to get ahead by 20-30 units flat betting over 100 decisions but then you need to look at how the average loss per round is 1.38 units flat betting compared to 3.96 units using G3M1. So if you go to 'gamble' and try and maximize your winnings / potential winnings, you can see why Koetsch prefers the G3M1.
A round is 100 decisions and 600 rounds (60,000) decisions were tested for each of the following examples in the Koetsch book.
Flat betting...
[attachimg=1]
G3M1....
[attachimg=2]
There are some interesting findings such as the percentage of times you will be ahead by 20 units flat betting = 2% compared to 47% using the G3M1. Also the percentage of times you will be ahead by 30 units flat betting = 0% compared to 29% using the G3M1. Now you may say OK, it's not that surprising that you aren't going to get ahead by 20-30 units flat betting over 100 decisions but then you need to look at how the average loss per round is 1.38 units flat betting compared to 3.96 units using G3M1. So if you go to 'gamble' and try and maximize your winnings / potential winnings, you can see why Koetsch prefers the G3M1.