What I've learned about percentages...

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  • AgainstAllOdds
    SBR Hall of Famer
    • 02-24-08
    • 6053

    #1
    What I've learned about percentages...
    They really dont matter...If team X wins 99% of the time against team Y, that doesnt mean team X will win the particular game. I know alot of numbers guys might disagree with me on this, but to me, every team has a 50% chance of winning any day and any time. Sometimes you can find an "edge" but that edge doesnt matter if one player on the dog team comes out and shoots lights out and vise versa for the fav. You can have a team hitting 1000. for the season, but yet they can come out and go 0-26. My conclusion: Any team on any day has a %50 chance of winning the game despite any odds, stats, facts you can dig up.

    Thoughts on this?
    Originally posted by SBR_John
    AAO = good dude. Buying you a drink in Vegas buddy.
  • MrX
    SBR MVP
    • 01-10-06
    • 1540

    #2
    Originally posted by AgainstAllOdds
    My conclusion: Any team on any day has a %50 chance of winning the game despite any odds, stats, facts you can dig up.

    Thoughts on this?
    I think you know what the thoughts will be. Obviously, it's ridiculous.

    Easy for you to back up your convictions, though. Just bet every money line offered at plus odds and you'll make a killing if you're correct.
    Comment
    • AgainstAllOdds
      SBR Hall of Famer
      • 02-24-08
      • 6053

      #3
      I understand what your saying....but my point is the probability of the fav to win is higher but as far as thier chances, I believe it may be 50%
      Originally posted by SBR_John
      AAO = good dude. Buying you a drink in Vegas buddy.
      Comment
      • MrX
        SBR MVP
        • 01-10-06
        • 1540

        #4
        Originally posted by AgainstAllOdds
        but my point is the probability of the fav to win is higher but as far as thier chances, I believe it may be 50%
        Well, I won't be baited any further into this conversation.
        Comment
        • Arnold
          SBR Wise Guy
          • 12-17-07
          • 906

          #5
          So if it is 50%, then why not bet the +3000 dogs?
          Comment
          • Data
            SBR MVP
            • 11-27-07
            • 2236

            #6
            I heard a better version of this.

            A stats professor is asking a blonde female student:
            - What are the odds of you meeting a dinosaur today on your way home?
            The blonde replied:
            - The odds are 50/50.
            Professor:
            - ???
            The blonde:
            - I will either meet a dinosaur or I will not.
            Comment
            • donjuan
              SBR MVP
              • 08-29-07
              • 3993

              #7
              Thoughts on this?
              A vasectomy is the best option at this point.
              Comment
              • SBR Lou
                BARRELED IN @ SBR!
                • 08-02-07
                • 37863

                #8
                What I've learned about percentages...

                Originally posted by AgainstAllOdds
                They really dont matter...
                Nope, you haven't learned anything,

                Drawing board-> Back to it.
                Comment
                • cobra_king
                  SBR MVP
                  • 08-07-06
                  • 2490

                  #9
                  This should be as far removed from the "handicappers think tank" as possible.
                  Comment
                  • diogee
                    SBR Posting Legend
                    • 01-11-08
                    • 19477

                    #10
                    Originally posted by crazyl
                    Nope, you haven't learned anything,

                    Drawing board-> Back to it.
                    Definitely back to the drawing board...AAO if your statement was correct then you could blindly bet all dogs and make easy profit. Not quite so easy.
                    Comment
                    • Ganchrow
                      SBR Hall of Famer
                      • 08-28-05
                      • 5011

                      #11
                      Originally posted by AgainstAllOdds
                      but my point is the probability of the fav to win is higher but as far as thier chances, I believe it may be 50%
                      Care to explain what you mean by this?

                      The colloquial use of the term "chances" above is commonly taken to be synonymous with "probability".
                      Comment
                      • AgainstAllOdds
                        SBR Hall of Famer
                        • 02-24-08
                        • 6053

                        #12
                        Guys, I was dulusional at the time...please forgive me
                        Originally posted by SBR_John
                        AAO = good dude. Buying you a drink in Vegas buddy.
                        Comment
                        • rake922
                          SBR Posting Legend
                          • 12-23-07
                          • 11692

                          #13
                          I forgive you
                          Comment
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