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And we're to believe...

Posted By: Chuck Bower
Date: Friday, 3 June 2011, at 8:48 p.m.

In Response To: And we're to believe... (misja)

They must have been pretty safe bets. He started with 8000 and kept betting all his money after every win, and now after 27 wins he has only won 160000.

Apparently the previous 26 were safer than #27.

Assume all 26 bets paid the same odds. 160k/8k = 20, his compound result.

Solve for b^26 = 20. ==> b = 20^(1/26) ==> b = 1.122 or about 9/8 (or 1::8 odds). I wonder how many such 'safe' bets are even available as a function of time....

Messages In This Thread

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    Casper van der Tak -- Thursday, 2 June 2011, at 7:05 a.m.
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      christian munk-christensen -- Thursday, 2 June 2011, at 10:50 a.m.
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      DJansen -- Thursday, 2 June 2011, at 1:26 p.m.
      • French Open Tennis: Tight Lines at www.betfair.com
        Casper van der Tak -- Thursday, 2 June 2011, at 2:17 p.m.
        • French Open Tennis: Tight Lines at www.betfair.com
          Chuck Bower -- Thursday, 2 June 2011, at 4:52 p.m.
          • French Open Tennis: Tight Lines at www.betfair.com
            Michael Nielsen -- Thursday, 2 June 2011, at 5:12 p.m.
          • French Open Tennis: Tight Lines at www.betfair.com
            Casper van der Tak -- Thursday, 2 June 2011, at 5:12 p.m.
            • French Open Tennis: Tight Lines at www.betfair.com
              Chuck Bower -- Thursday, 2 June 2011, at 5:25 p.m.
  • Paul, is this you?
    mtuhtan -- Thursday, 2 June 2011, at 11:02 a.m.
    • Paul, is this you?
      Leonardo Jerkovic -- Thursday, 2 June 2011, at 2:45 p.m.
  • French Open Tennis: Tight Lines at www.betfair.com
    Steve Mellen -- Thursday, 2 June 2011, at 2:15 p.m.
    • French Open Tennis: Tight Lines at www.betfair.com
      Ray Kershaw -- Thursday, 2 June 2011, at 2:47 p.m.
  • "biggest tennis bet ever"
    lenny -- Friday, 3 June 2011, at 2:05 a.m.
    • "biggest tennis bet ever"
      Michael Nielsen -- Friday, 3 June 2011, at 8:15 a.m.
      • "biggest tennis bet ever"
        Stick -- Friday, 3 June 2011, at 8:20 a.m.
      • "biggest tennis bet ever"
        mtuhtan -- Friday, 3 June 2011, at 8:28 a.m.
    • And we're to believe...
      Chuck Bower -- Friday, 3 June 2011, at 2:21 p.m.
      • And we're to believe...
        misja -- Friday, 3 June 2011, at 5:33 p.m.
        • And we're to believe...
          Casper van der Tak -- Friday, 3 June 2011, at 6:09 p.m.
        • And we're to believe...
          Chuck Bower -- Friday, 3 June 2011, at 8:48 p.m.