Calcutta
May 13th, 2018 at 5:53:15 AM
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This may be a longshot on this forum, but has anyone ever participated in a Calcutta? I'll be doing my first for the World Cup, and I'm wondering if there is a way to create a formula to know when there is value.
I'm fully expecting this thread to never be replied to. Maybe I'll be surprised...
I'm fully expecting this thread to never be replied to. Maybe I'll be surprised...
May 13th, 2018 at 6:53:54 AM
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I have participated in many Calcuttas for Poker tournaments and Pool tournaments. I don't think a formula is very applicable because the skill level of the participants is the variable that needs to be solved.
At my age, a "Life In Prison" sentence is not much of a deterrent.
May 13th, 2018 at 9:03:28 AM
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Quote: DRichI have participated in many Calcuttas for Poker tournaments and Pool tournaments. I don't think a formula is very applicable because the skill level of the participants is the variable that needs to be solved.
That, and the fact that Calcuttas are pari-mutuel - you don't know what the value of any bet will be until all of the teams are selected, as you won't know the prize payouts before then.
