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BGonline.org Forums
Odds for Master vs. Fish?
Posted By: Timothy Chow In Response To: Odds for Master vs. Fish? (Bob Koca)
Date: Thursday, 9 February 2012, at 3:02 a.m.
You're right, I'm missing something.
Say the master and the fish play 1000 matches. If the master is a 65-35 favorite, won't he expect to win 650 of the matches, whether they bet on who wins the match or who wins the variance-reduced match?
Variance reduction is unbiased so it shouldn't affect the expectation, right?
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