Re: True odds bets? Probability says........
- From: "Mason" <mrzer0_remove_@xxxxxxxxxxxxx>
- Date: Thu, 28 Jun 2007 14:30:10 -0500
"John B" <jbkbub@xxxxxxxxx> wrote
More players are expected to be
losing than winning on the right side odds bets!
Please post your supporting figures or simulation analysis. Sessions of
any significant length in number of bet resolutions, when the bets are paid
at true odds, are equally likely to be winning or losing in my simulations
(posted in RGC), which exactly conforms to the mathematics as I understand
them.
The fact is that any set of session results will be tend to be symmetrical
about expectation, with nether the winning or losing side more likely to be
experienced. If you actually intend to dispute this, post something other
than your opinion.
I think you and Steen are both afraid to project the expectation for the
right side odds bets much farther than a couple.....try a few hundred!
That is what "you think". The real question is what can you demonstrate?
Am I condemned to reading your unsupported opinion endlessly ... just like
MoneyLA?
If you wish to make a mathematical argument, do the math!
I assert that players taking or laying true odds are equally likely to win
(or lose) after a few hundred bets.
Present your replicable evidence to the contrary.
*After* you do so, I will make an effort to repost my simulation data which
supports my assertion. *Until* you do so, my reposting is unnecessary.
By the way, you never extended that expectation
program....which will show I am right.
Google it. My posted simulations show you to be wrong. The ball is in
your court. Do something other than talk about it.
--
Onward thru the fog,
Mason
"John B" <jbkbub@xxxxxxxxx> wrote in message
news:19094-4683FA97-303@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Re: True odds bets? Probability says........
jbkbub@xxxxxxxxx (John B) wrote:
Getting back to cumulative probability on the right side odds
bets.......alan's right, the majority of players are "expected" to lose,
====
That's not true, as Steen and I have shown.
Cheers,
Alan Shank
====
No you didn't. By the way, you never extended that expectation
program....which will show I am right. More players are expected to be
losing than winning on the right side odds bets!
Steen didn't show anything but stopping on the second stage
expectation....misleading.
"cumulative expectation".....get used to it, it's real!
I think you and Steen are both afraid to project the expectation for the
right side odds bets much farther than a couple.....try a few hundred!
JB
.
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