[danshan11]

If i bet 2000 games
I bet at +105 and it closes at -105
will I be ahead or behind after 2000 games?

[deltgen]

Isn't the answer dependent on how many of the 2000 wagers you win?

[danshan11]

LOL good answer but with just that info what is your best guess!

[eaglesfan371]

You will be up because here you are giving a perfect example of being THE bookie. You are receiving -105 bets which means you are +105 for every wager. You will win long term due to the vig.

[danshan11]

exactly

[Barrakuda]

Depends on the vig.

[danshan11]

ok sorry I guess we should assume the VIG is -105 -105 each side

[Alfa1234]

You have a 12.27% probability of having a loss after those 2k bets and a little over 50% probability of doubling your bankroll with fixed stakes.

You know this math, why do you ask stuff like this to invoke discussion about something that's been discussed 10 000 times?

[Miz]

if you believe the market becomes more efficient from open to close you will be up. that belief has been the topic of many arguments in this forum. Most people agree that this criterion is generally true. I certainly do.

[danshan11]

You have a 12.27% probability of having a loss after those 2k bets and a little over 50% probability of doubling your bankroll with fixed stakes.

You know this math, why do you ask stuff like this to invoke discussion about something that's been discussed 10 000 times?

thanks for the info and the kindness if you are not interested in reading about this or any other subject I write on just skip it next time, for the 10000th time take a chill pill

[danshan11]

if you believe the market becomes more efficient from open to close you will be up. that belief has been the topic of many arguments in this forum. Most people agree that this criterion is generally true. I certainly do.

I believe the same but it is certainly worthy of continued conversation since people are of the opinion that they can overcome this

[Okocha]

thanks for the info and the kindness if you are not interested in reading about this or any other subject I write on just skip it next time, for the 10000th time take a chill pill

Buddy get the f out of here,you are a disgrace to this forum and the personification of the absolute joke this forum is now versus the golden era 2007-2012

[danshan11]

was the golden era awesome? did the members ride roller coasters and just post great knowledge all day?

[zorba74]

You have a 12.27% probability of having a loss after those 2k bets and a little over 50% probability of doubling your bankroll with fixed stakes.

You know this math, why do you ask stuff like this to invoke discussion about something that's been discussed 10 000 times?

Can you please show the math behind this please.

Thank you.

[JacketFan81]

Man what the hell happened to this forum?

[Believe_EMT]

Buddy get the f out of here,you are a disgrace to this forum and the personification of the absolute joke this forum is now versus the golden era 2007-2012

i feel like Ganch was gone before 2007. please amend date range to include his holiness
TIA