gunbj
gunbj
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May 22nd, 2018 at 12:03:06 AM permalink
Anyone knows how to calculate n0 for an advantage bet?

Thanks
RS
RS
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gunbj
May 22nd, 2018 at 12:14:57 AM permalink
Yes. It’s when SD = EV
gunbj
gunbj
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May 22nd, 2018 at 12:26:01 AM permalink
Thanks. So if I'm playing a 3% edge game, $100 bet, 2.5 variance, what would the n0 be? (I'm missing something on the step to calculate SD in $$$)
RS
RS
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May 22nd, 2018 at 12:40:10 AM permalink
E = 0.03 * R
S = 2.5^0.5 * R^0.5

0.03r = 1.5811 * r^0.5
0.03r / 1.5811 = r^0.5
r/(52.7046) = r^0.5
r^0.5 = 52.7046
r = 52.7046^2
r = 2,777


I think
gunbj
gunbj
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May 22nd, 2018 at 10:32:11 AM permalink
I'm trying to use the formula n0=Variance/EV^2 but I'm getting:

n0=2.5/0.03^2
n0=0.00225

What the heck is that? I don't know in what format i should input the numbers.
ChesterDog
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gunbj
May 22nd, 2018 at 1:21:48 PM permalink
Quote: gunbj

I'm trying to use the formula n0=Variance/EV^2 but I'm getting:

n0=2.5/0.03^2
n0=0.00225

What the heck is that? I don't know in what format i should input the numbers.




2.5 × 0.03 × 0.03 = 0.00225


But you want 2.5 ÷ 0.03 ÷ 0.03 = 2778.
gunbj
gunbj
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May 22nd, 2018 at 5:19:25 PM permalink
Yes, that makes sense, thank you.
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