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Calculating edge needed to overcome rake

Posted By: Rich Munitz
Date: Thursday, 23 December 2010, at 9:42 p.m.

In Response To: Calculating edge needed to overcome rake (RealNick)

Seems to me that you get $9 when you win and give $10 when you lose. So you need 10:9 odds in order to break even. So you must be able to win about 52.6% of the points.

Not to say it can be equated to money play, but as an FYI, the FIBS Elo formula predicts that in a 2-point match, a player with a 64 Elo advantage has a 52.6% chance of winning. A 64 Elo advantage is about 2 PR (33 Elo = 1PR). A 3 PR difference (99 Elo) wins about 54%.

Messages In This Thread

• Calculating edge needed to overcome rake
  RealNick -- Thursday, 23 December 2010, at 8:35 p.m.
  • Calculating edge needed to overcome rake
    Alexandre Le Siege -- Thursday, 23 December 2010, at 9:32 p.m.
    • Calculating edge needed to overcome rake
      Rich Munitz -- Thursday, 23 December 2010, at 9:48 p.m.
  • Calculating edge needed to overcome rake
    Rich Munitz -- Thursday, 23 December 2010, at 9:42 p.m.
  • Calculating edge needed to overcome rake
    eXtreme Gammon -- Thursday, 23 December 2010, at 10:05 p.m.
    • 1.0 PR = 0.066 points per game; Question for XG
      Paul Weaver -- Thursday, 23 December 2010, at 11:58 p.m.
      • 1.0 PR = 0.066 points per game; Question for XG
        eXtreme Gammon -- Friday, 24 December 2010, at 2:11 a.m.
        • Thanks to eXtreme Gammon for an interesting detailed response!
          Paul Weaver -- Friday, 24 December 2010, at 3:12 a.m.
          • Thanks to eXtreme Gammon for an interesting detailed response!
            eXtreme Gammon -- Friday, 24 December 2010, at 3:32 a.m.
            • Thanks to eXtreme Gammon for an interesting detailed response!
              svilo -- Friday, 24 December 2010, at 12:35 p.m.
          • Thanks to eXtreme Gammon for an interesting detailed response!
            Bob Koca -- Friday, 24 December 2010, at 7:21 a.m.
          • Thanks to eXtreme Gammon for an interesting detailed response!
            6stones -- Friday, 24 December 2010, at 8:24 a.m.
          • Thanks to eXtreme Gammon for an interesting detailed response!
            6stones -- Friday, 24 December 2010, at 9:07 a.m.
        • 1.0 PR = 0.066 points per game; Question for XG
          Iancho Hristov -- Saturday, 25 December 2010, at 2:40 a.m.
          • 1.0 PR = 0.066 points per game; Question for XG
            Leonardo Jerkovic -- Saturday, 25 December 2010, at 3:40 a.m.
        • 1.0 PR = 0.066 points per game; Question for XG
          Frank Berger -- Sunday, 26 December 2010, at 5:22 p.m.
    • Calculating edge needed to overcome rake
      Mochy -- Friday, 24 December 2010, at 2:47 a.m.
      • Calculating edge needed to overcome rake
        Stick -- Friday, 24 December 2010, at 11:38 p.m.
        • Calculating edge needed to overcome rake
          Mochy -- Saturday, 25 December 2010, at 1:06 a.m.
    • Calculating edge needed to overcome rake
      mtuhtan -- Monday, 27 December 2010, at 9:32 a.m.
  • Calculating edge needed to overcome rake
    Daniel Murphy -- Thursday, 23 December 2010, at 10:33 p.m.