|
Re: Implied odds on OESD
 Originally Posted by swiggidy
 Originally Posted by aqn
 Originally Posted by swiggidy
If you're referring to odds as in "returns for one's bet", shouldn't that be
5-to-1 and not 6-to-1? If the probability of hitting something is 1 out of 6,
i.e. if one will hit it once in every six tries, then on that hit, one needs only
win 5x to make up for the other five times one does not hit.
If the probability of hitting something is 1/6, then the odds of hitting are 1:5, so the payout can be 5:1.
If the odds of hitting are 1:6, then the payout has to be 6:1
Precisely: the odds of hitting an OESD on the turn is 8 / 47 or 17.02%
or about 1 out of every 5.87 times, as JCMoney already pointed out.
That's hitting once out of every six times and the "payout" when
hit needs to be five to one, not 6:1. Yes? No? Maybe?
Just wanna make sure I'm not missing something...
|