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Problem 267: Billionaire

curriculum/challenges/english/blocks/project-euler-problems-201-to-300/5900f4771000cf542c50ff8a.md

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--description--

You are given a unique investment opportunity.

Starting with £1 of capital, you can choose a fixed proportion, $f$, of your capital to bet on a fair coin toss repeatedly for 1000 tosses.

Your return is double your bet for heads and you lose your bet for tails.

For example, if $f = \frac{1}{4}$, for the first toss you bet £0.25, and if heads comes up you win £0.5 and so then have £1.5. You then bet £0.375 and if the second toss is tails, you have £1.125.

Choosing $f$ to maximize your chances of having at least £1,000,000,000 after 1,000 flips, what is the chance that you become a billionaire?

All computations are assumed to be exact (no rounding), but give your answer rounded to 12 digits behind the decimal point in the form 0.abcdefghijkl.

--hints--

billionaire() should return 0.999992836187.

js
assert.strictEqual(billionaire(), 0.999992836187);

--seed--

--seed-contents--

js
function billionaire() {

  return true;
}

billionaire();

--solutions--

js
// solution required