Calculating Z Score for Results

[Waterstpub87]

Say for the purpose of arguement, I had 234 bets, and won 136 of them, translating to a 58.11% win rate. To get a Z score the equation would be .5811-.50/ sqrt of.50*.50/234 giving me a z score of 2.4811. Is this equation correct, or did I miss something?

[VLR100]

Assuming you're betting at 1 unit per bet, and the probability of winning of 0.5, yes.

[TomG]

And that the wagers are uncorrelated with each other

[Waterstpub87]

Thanks for the help, wagers are uncorrelated. Single game totals only.

[hutennis]

...wagers are uncorrelated. Single game totals only.

But what is the implied probability of winning?

[Waterstpub87]

But what is the implied probability of winning?

-110 lines. So without further investigation, 50%.