bahdbwoy
bahdbwoy
Joined: Aug 23, 2013
  • Threads: 14
  • Posts: 163
July 5th, 2019 at 6:41:12 AM permalink
binomial calculator example
- not a mathematician

1-2-4 marty on the donts
- .5071^3
- .13 probability of happening

Have buy in for 6 sets and play through
- 48 trials
- 6 bust loses buy in of 210 (1+2+4)×6×$5
- 42 successful trials to win 210
- you break even

binomial calculator
- .56 probability that you break even or come out ahead in your 48 trials

awesome so just keep doing that right?
- 48x4 trials
- now .46 probability that you break even or come out ahead
- 48x32 trials
- now .28 probability that you break even or come out ahead

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