TESTfunda Puzzle of the Week 08-Mar-13

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Testfunda
08-Mar-13
Puzzle of Week
Puzzle # 251 - "Beat the odds"
07-Mar-13
A con artist bets you Rs. 500 that he can beat you in a board game. Since you consider yourself a smart person you accept his challenge.
The conman sets a large number of Re. 1 coins on your side as well as his own. He then sets a square board in between. You have to alternately take turns in putting a coin on the board. You are not allowed to place any coin on top of any other coin. The first person who is unable to place a coin on the board loses. Being a conman he has a lot of tricks up his sleeve. He asks you to put the first coin on the board. Should you make the first move or not? Give a detailed solution corroborating your answer. 
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Do you have solution!
If you think you know the solution submit your solution (do not reply to this email, use the link). The first person to send a 100%-correct solution and five other people, picked at random from all the 100%-correct solutions submitted by Sunday, will get 200 Reward Points. TestFunda team's decision on the correctness of the solution will be final.

If you have ideas on how to solve it, or would like to discuss it with other users, we recommend that you put your thoughts in the comments section.
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