From IRC: A Bet-Sizing Quiz

Originally Posted by supahaole

$50 @ 60%, 1/2 the risk for the same payout.

Uhg, this is wrong because in option 1 we're risking $100 to win $100 and in option 2 we're risking $50 to win $50.

The EV is the same so...

If we only flip one coin one time it's better to take the $50 @ 60% option because we have a better chance of winning.

If we flip 1000 times then $100 @ %55 we make more actual monies.

This also assume there's no rake or any other factors that might change the maths.

In w/ wat b4 spoon

08-11-2010 05:32 PM #10
supa View Profile View Forum Posts Private Message View Blog Entries Join Date Feb 2010 Posts 3,529 Location At the bar drinking whisky with an "e"	Originally Posted by supahaole $50 @ 60%, 1/2 the risk for the same payout. Uhg, this is wrong because in option 1 we're risking $100 to win $100 and in option 2 we're risking $50 to win $50. The EV is the same so... If we only flip one coin one time it's better to take the $50 @ 60% option because we have a better chance of winning. If we flip 1000 times then $100 @ %55 we make more actual monies. This also assume there's no rake or any other factors that might change the maths. In w/ wat b4 spoon
	“Right thoughts produce right actions and right actions produce work which will be a material reflection for others to see of the serenity at the center of it all” Put hero on a goddamn range part II- The 6max years Originally Posted by d0zer start using your brain more and vagina less Originally Posted by kingnat Members who's signature is a humorous quote about his/herself made by someone who is considered a notable member of the FTR community to give themselves a sense of belonging.
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From IRC: A Bet-Sizing Quiz

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