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Allen Knutson
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Fix a probability $p < 1/2$ of winning an unfair coin toss. For $x \in [0,1]$ rational, let $f(x)$ be the probability that, if you started with $x$ dollars, you could make it to 1 dollar through optimal betting* on the outcome of these coin flips. This function $f(x)$ is obviously weakly increasing on $[0,1]$ (in fact strictly). Less obvious is that it extends to a continuous function on $[0,1]$, whose derivative exists almost everywhere, but that derivative is $0$.

http://www.maa.org/joma/Volume8/Siegrist/RedBlack.pdf

Allen Knutson
  • 27.8k
  • 4
  • 54
  • 152