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OTB & RO

Posted By: Timothy Chow
Date: Friday, 21 August 2015, at 2:23 a.m.

In Response To: OTB & RO (Stick)

One can be confident that Play 1 has a higher equity than Play 2.

That is not the same as being confident that the equity difference between the two plays is 0.009 to three decimal places. For such a statement, we would want the confidence interval to be around 0.0005, which is 8 times smaller than 0.004, and so would require approximately 64 times as many trials.

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