Thread: PARLAY QUESTION
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  #7  
Old 1st August 2006, 04:31 PM
mad mad is offline
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Join Date: Aug 2005
Posts: 898
Default Rookie Mistake

Quote:
Originally Posted by mad
Someone like JFC would be able to confirm this but as far as i am aware the answer would go along the lines of this:

Favourite: 57%
Underdog: 43%

0 favourites winning: 0.43*0.43*0.43 = 7.95%
1 favourites winning: 0.57*0.43*0.43 = 10.5%
2 favourites winning: 0.57*0.57*0.43 = 13.97%
3 favourites winning: 0.57*0.57*0.57 = 18.51%

Think that's correct.
Favourite: 57%
Underdog: 43%

0 favourites winning: 0.43*0.43*0.43 = 7.95%

1 favourites winning: 0.57*0.43*0.43 = 10.54%
1 favourites winning: 0.43*0.57*0.43 = 10.54%
1 favourites winning: 0.43*0.43*0.57 = 10.54% (31.62)

2 favourites winning: 0.57*0.57*0.43 = 13.97%
2 favourites winning: 0.57*0.43*0.57 = 13.97%
2 favourites winning: 0.43*0.57*0.57 = 13.97% (41.91)

3 favourites winning: 0.57*0.57*0.57 = 18.51%

Total probability of outcome = 99.99%

God-damn amatuers...LOL.
That's correct now.
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