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Can You Solve The Red Ball Lottery Puzzle?

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Channel: MindYourDecisions
Categories: Brain Teasers   |   Math  
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(Same video without the music: This problem involves 100 red balls, 100 blue balls, and 2 urns. First you distribute all the balls between the 2 urns, placing at least 1 ball in each urn. Next, you select an urn at random, and then draw a ball at random from the urn. You win $100 if you draw a red ball. What is your best strategy for distributing the balls, and what is your winning percentage? The video presents the solution and a proof of its optimality. Do you like the music in this video? Let me know what you think! I'm deciding whether to add music to videos I make. If you don't want music, I made a version of this video without background music just for you:

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"The Joy of Game Theory" shows how you can use math to out-think your competition. (rated 4/5 stars on 22 reviews)

"The Irrationality Illusion: How To Make Smart Decisions And Overcome Bias" is a handbook that explains the many ways we are biased about decision-making and offers techniques to make smart decisions.

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"Math Puzzles Volume 3" is the third in the series.

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"The Best Mental Math Tricks" teaches how you can look like a math genius by solving problems in your head

"Multiply Numbers By Drawing Lines" This book is a reference guide for my video that has over 1 million views on a geometric method to multiply numbers.

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