I was recently playing a quite easy dice game:
You trow a fair dice: if you get a "3" the next player continues, if you get something else it is up to you to continue. If you continue and you throw a "1" or a "6" you get twice the result from the first trow. If you get a "3" you lose everything and the game continues (you always can double your result with a "1" or "6" and lose everything with a "3").
I was wondering if you could tell, at what point it is better to quit than to continue (I'm pretty sure you can, but I don't know how).
Any thoughts are welcome.