(a) For , compute the zero of numerically for and compare with . (b) For a general bet with , , , show that , and use it to explain why the zero of lies near for small edges and moves right when is large. (c) Verify (b) on the long-shot bet , : compute , the cubic term at , the exact and the exact zero .
M03 · Problem 4 ★★★ Check
Where does overbetting turn negative?
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