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Novi Wager

Posted By: Matt Reklaitis
Date: Thursday, 4 July 2013, at 1:35 a.m.

In Response To: Novi Wager (Phil Simborg)

A datapoint from my simulator: (Obviously, the conditions of your bet are different)

Field = 96 players
Ratings = normal distribution, mean=1850, std dev=50
Format = Dbl-Elim + Conso
Payouts = 5 Main + 4 Cons
Matchlens = 11pts Main, 11 pts 2nd Chance, 9 pts Cons

Probability one of top 15 rated players wins the event = .3587

This is quick-n-dirty, but if I'm interpreting the #s correctly, then the probability the top rated player cashes = .2243, the p one of the top 3 rated players cashes = .5022, and I'm too lazy to figure it out for the top 15.

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