Math gambling experts

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Patty

Patty

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No vig line -230.85

Gambler risks $1025 on -205 to win $500

What is the gamblers expected value on the wager?
 
~$31.50
 
Patty are you new to math or something?


Patty if a pallett of Campbells soup contains 36 boxes and one box contains 24 cans how long will it take you to stock the shelf if its 90% empty?
 
Would love if focker or durito chimed in here matty's calculation seems low.
 
Patty
Would love if focker or durito chimed in here matty's calculation seems low.
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Yeah he had to translate the French math to English and round it off.
 
Assuming by no-vig line you mean the fair value on this wager.

-230.85 ~ 69.77%

-205 in decimal = 1.487804878
edge = (.6977 * 1.487804878) -1 = 3.811%
.03811*1025 = ~$39
 
Close enough. :wah:
 
Thank you everyone justice has been served.
 
plommer
Patty are you new to math or something?


Patty if a pallett of Campbells soup contains 36 boxes and one box contains 24 cans how long will it take you to stock the shelf if its 90% empty?
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Plommer wins the thread.
 
As most posters are fully aware, I have no answers to this question! I adhere to the Saulty betting principle, line doesn't matter, just pick the winner!
 
I came up with $38.9983394051
 
Patty
No vig line -230.85

Gambler risks $1025 on -205 to win $500

What is the gamblers expected value on the wager?
Click to expand...

Who the fuck knows. I the no-vig line accurate? If limits were 500 and it moved from -205 to -231, the "right" price might be -231, -225 or even -300. Estimating EV on a single play like this is like jerking off to a winning stock buy. You can talk about how smart you are, but you still don't know that you don't know shit.
 
Troll Bait
Who the fuck knows. I the no-vig line accurate? If limits were 500 and it moved from -205 to -231, the "right" price might be -231, -225 or even -300. Estimating EV on a single play like this is like jerking off to a winning stock buy. You can talk about how smart you are, but you still don't know that you don't know shit.
Click to expand...

I didn't want to be the first to say it, cause I'm well liked here and want to keep it this way but yeah, mr bait makes sense.

Amazing that he can't be trusted, he doesn't have 50 posts.
 
Mr. Bait has a potty mouth on this website! Very refreshing to see.
 
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