Welcome to the Elm Wealth Coin Flip Challenge!
Try your luck and assess your skill at bet-sizing on the toss of a biased coin.
In this game, you get to flip a coin that we programmed to have a 60% chance of coming up heads. You can bet any amount of money in your balance (but not more) on heads or tails on each flip. If your balance goes to $0, it’s game over.
Make the game more exciting and instructive by imagining your balance is your total personal financial capital!
Thank you for playing, and good luck!
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Balance:
$25.00
Your Bet | Bet Amount | Result | Won/Lost | Ending Balance |
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Our article in the JPM on coin flipping:
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Check out The Missing Billionaires:
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Your Results
- Your Balance
- Constant 10%
- Constant 20%