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Clarification

Posted By: Joe Russell
Date: Sunday, 30 December 2018, at 7:18 a.m.

In Response To: Clarification (Nack Ballard)

Because you will not win exactly 2.22 games by taking. You will win somewhere between 0 and 8. Variance favors the trailer. The doubler would love to be guaranteed to win 6 of the 8 games 78% and 5 of the 8 games 22%. The taker should never allow this. Variance favors the taker, as his positive variances from expectation are much more heavily rewarded than his negative variances are penalized.

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