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Excel question: How do I calculate what percentile I am in using a Win/Loss record?
Let's assume that all of my bets are -110(or have a 50% chance of winning in theory). And let's say I have a record of 116 Wins and 84 Losses. How do I calculate what percentile I am in compared to what would happen by chance(or compared to everyone else that also placed 200 bets)? I'm pretty sure this is a pretty simple formula on Excel but for some reason I forgot how to do it. Any help is appreciated. Thanks!
=Binom.dist(116,200,.5,True)=.99
Check it by
Stdev of coinflp with 200 trials is 7.07
you are 2.26 stdev away from the mean
This is equivalent to .9881 percentile.
Last edited by Waterstpub87; 11-17-17 at 03:04 PM.
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Thanks a bunch!Originally Posted by Waterstpub87
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JohnGalt2341 gave Waterstpub87 10 Betpoint(s) for this post.