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BGonline.org Forums
How big fav you need to be to beat GE rake?
Posted By: Havard Raddum In Response To: How big fav you need to be to beat GE rake? (rew)
Date: Thursday, 16 June 2011, at 7:01 a.m.
I'll try. With GE terms, you get paid 90.2% of your winnings, and get deducted 100% of your losses. Assume you have played many games, with a total of N points to be divided between you and your opponent, and let W be the number of points you win. Your profit, or loss, is then 0.902*W - 1*(N-W). Let's set this to zero (that's where you break even).
0.902W - (N-W) = 0 1.902W = N W/N = 1/1.902 =~ 0.526
So you need to win more than 52.6% of the points you play for in order to make a profit.
Not completely sure about points per game, but I think the number you are looking for is 0.526 (what you win) minus 0.474 (what you lose). 0.526 - 0.474 = 0.052.
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