Assume you have a set of playing cards, with 26 black and 26 red. You reveal one card at a time, and before every card is revealed you can say "red".(you only get one chance) If it red then you win, otherwise you lose. What's the strategy to maximise the winning chance?
Some simple strategies(don't know if any of them works):
- first card $(50\%)$
- when there are more red cards left (might not happen)
- after 25 red cards gone
It doesn't matter what you do. There may be a simpler way to see this, but the straightforward way is by induction on the size of the deck.
I claim that your win probability with $n$ red and $m$ black cards is always $p_{n,m}=\frac{n}{n+m}$. This is certainly true when $n+m=1$, where you are obligated to say "red" immediately.
For larger deck sizes, you have two possible strategies. If you say "red" immediately, you will win with probability $\frac{n}{n+m}$. Alternately, you could wait one round, and then play from the resulting position. In this case you will win with probability $$ \frac{n}{n+m}p_{n-1,m}+\frac{m}{n+m}p_{n,m-1} $$
But by the induction hypothesis, this is equal to $$ \frac{n}{n+m}\frac{n-1}{n+m-1}+\frac{m}{n+m}\frac{n}{n+m-1}=\frac{n(n-1+m)}{(n+m)(n+m-1)}=\frac{n}{n+m} $$
So in fact, in either case you will win with probability $\frac{n}{n+m}$.