Thread: Whats the odds?
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Old 18th May 2010, 08:13 PM
lomaca lomaca is offline
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Join Date: Jan 1970
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Quote:
Originally Posted by partypooper
Mmmmmm, not looking too bad then as the S/R is 65% so 65 of the 88 are payers. Using the same formula .35x.35 = 0.1225,say 12% for 2 outs in a row, so 12 times out of the 88 we will have 7 units invested @ average div of 1.60 = 134.4 (profit of 3.4 units)
So now as I see it (averaging everywhere) there are 64 conveyances remaining of which 21 will lose so 21 times we will have 3 units invested @ $1.60 = 100.8 =+ 37.8-the 21 single losses = 16.8 in front

the remaining 42 are payers @ $1.60 for a profit of 25.2 yes?

so total outlay = 261
returns = 302.4
profit =41.4 units
= 16.1% on turnover

compared to 4% on level stakes, mmmmmmmm!
Party, remember, it is a statistical prognosis.
Mostly reliable, but the toss of a coin also produces a 50% head or tails over time, in between it can be 95% to 5% either way.

What I mean is that the 3 outs can repeat itself like this:
0,0,0 1 0,0,0, 1 0,0,0, 1 etc. if you get the drift.
The same goes for the win as well just like you are experiencing it at present, so it's not all bad news.

Just be good boy scout!!!

Good luck
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