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Old 21st November 2006, 10:15 AM
Oaksnaf Oaksnaf is offline
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Join Date: Jan 1970
Posts: 450
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Crash we might have 1/3 chances of winning with 2 X $5 bets. But we also have 1/3 chances of losing our total bank.

Compare that to a single $10 bet.

1/2 chance of winning
1/2 chance of losing

We have a greater chance in losing on our single bet, but we also have a better chance of winning.

But for me to end out with the same profit from both scenarios, one would only need to win once, against one needed to win in both selections.

I am looking through these scenarios from a point of view which involves "which is the safest option". The outcome of losing is greater in the $10 single bet than the 2 X $5 bets.

But don't worry crash, I can see the theory and the practical side behind the $10 bet instead of 2 X $5 bets. It does make sense. But it is probably something I won't do for quite some time.
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