February 28th, 2013 at 12:56:27 PM
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I am on a site with a contest to win 100,000.00. You have to pick 25 games in a row against the spread. If the bettor is a sharp and picks 60% on average , what are his chances of winning?
Thanks guys!
Crash
Thanks guys!
Crash
February 28th, 2013 at 1:03:16 PM
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If you only get one shot, its:
0.6^25 = 0.00000284 or 1 in 352,000
If you get to play many games, and you just need a streak of 25 picks in a row, it gets a lot more complicated. For example, if you have 1000 games, and just need to get 25 right in a row at one point, then it's about 0.111%, or 1 in 900.
0.6^25 = 0.00000284 or 1 in 352,000
If you get to play many games, and you just need a streak of 25 picks in a row, it gets a lot more complicated. For example, if you have 1000 games, and just need to get 25 right in a row at one point, then it's about 0.111%, or 1 in 900.
Wisdom is the quality that keeps you out of situations where you would otherwise need it
February 28th, 2013 at 1:15:52 PM
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Thank you-
awesome.
You get one pick a day so 1:352,000, so you mean
"there is a chance!"
lol
awesome.
You get one pick a day so 1:352,000, so you mean
"there is a chance!"
lol
February 28th, 2013 at 1:20:14 PM
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Amazing that it is 33 million to one or so if you are only 50% picker.
Good for me, I am a 60% guy.
;)
Good for me, I am a 60% guy.
;)