if i show you 761 winners and 43 losers ( 94.6%) , is it worth it to lay 9 to 1 ?

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WorldNumberOne

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on a 2 teamer ?

only 43 possible times that you could have lost a game...

their have 72 days out of 110 that you couldnt have possibly lost at all..

do you lay it ?
 
Illini

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World Number One said:
on a 2 teamer ?

only 43 possible times that you could have lost a game...

their have 72 days out of 110 that you couldnt have possibly lost at all..

do you lay it ?

Try English, bro. Works better that way.
 

WorldNumberOne

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trytrytry

trytrytry

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Mr World



It means nobody yet can figure out what you are asking.



ask again in more detail....
 

WorldNumberOne

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Illini said:
Try English, bro. Works better that way.


whats not english ?

under this scenario which has happened by the way , 761 wins and 43 losses , do you lay 9 to 1 on a 2 teamer ?

i realize laying 9-1 under almost every circumstance is idiotic , but what about this one .
 
trytrytry

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is this a money line 2 team parlay of some sort?
 
Dante

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World Number One said:
do that mean no dante ?
that do mean I have no idea what your wanting to know ;)
 

WorldNumberOne

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2 team NBA 16 point teasers. lay 9-1

804 games played .

if you take the 16 and add it to the dog you won 761 times.

on another note , their were 693 middles.
 
trytrytry

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this is a question for Fishead. Im sure he will check on it for you!
 
Illini

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I would say that if your results are enough of a sample to know that it is certain to continue in the same way, then yes you lay 9 for 1. You would win a lot of money over time. But I would have no idea if your data is enough to make that assumption, that's your call. I was just playing about the English comment. Although I was unsure what you meant, exactly.
 

WorldNumberOne

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Illini said:
I would say that if your results are enough of a sample to know that it is certain to continue in the same way, then yes you lay 9 for 1. You would win a lot of money over time. But I would have no idea if your data is enough to make that assumption, that's your call. I was just playing about the English comment. Although I was unsure what you meant, exactly.


i would say 804 games is a decent sample size.. thats the entire season so far.

i was also seeing if i would get responses based on just the % , not where it came from and how..
 
Fishhead

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World Number One said:
i would say 804 games is a decent sample size.. thats the entire season so far.

i was also seeing if i would get responses based on just the % , not where it came from and how..


Not near a big enough sample in my estimation............I would try and look at least 3 years, and probaby five.

Hope for nothing significant terrible in one year(hopefully profitable each year) and a winner overall for those five years.

---FISH---
 

WorldNumberOne

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Fishhead said:
Not near a big enough sample in my estimation............I would try and look at least 3 years, and probaby five.

Hope for nothing significant terrible in one year(hopefully profitable each year) and a winner overall for those five years.

---FISH---


for arguments sake lets say the win % of 94.6 pans out over 3 years , is it a good move to lay 9-1 ?
 
wantitall4moi

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Well you have shown that it has about a -1475 value (if my mathis right), then laying -900 is obviously profittable.


So basically if you had done it all year in every scenario you would have collected $76100 (761 x $100) and lost $38700 ($900 x 43) for an overall profit of $37400.
 

WorldNumberOne

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not sure you can just take 761 and multiply it by 100. you had to make a 2 team play.

i'm not sure i'm following your math on that one..

i guess my question revolved more around the fact you had over 94 % in winning single picks. when you had to couple them did the randomness of having to put 2 teams together diminish your odds to where laying 9-1 was a bad idea.

any other math wiz's want to take a crack at this ?

i'm inclined to think that you give any good handicapper 16 points in basketball and only ask them to find 2 winners , they will lay 9-1 all day and all night..

especially if you have 2 eastern conference teams playing one another where the score is apt to be in the 90's . or 2 college teams that average about 60 points a game each..
 
Woody0

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If this is the question:

"Should I play a 2 teamer if the probability of each team winning is 94.6% and I am laying 9 to win 1"

then the answer is no.

The probability of both teams winning is 0.946 X 0.946 = 0.8949 or 89.49%. So in 10,000 plays you win 8949 units and lose 1051 X 9 = 9459 units for a loss of 510 units.

If this is not your question then I cannot understand what you are asking.
 

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