NFL
7-0 sides and totals 0-1 teaser
If you believe in the law of averages fade me this weekend... IF YOU DARE!!!
Philly -2.5
Bengals/Chiefs Over 47.5
4* each
good luck
NFL
7-0 sides and totals 0-1 teaser
If you believe in the law of averages fade me this weekend... IF YOU DARE!!!
Philly -2.5
Bengals/Chiefs Over 47.5
4* each
good luck
NFL
7-0 sides and totals 0-1 teaser
If you believe in the law of averages fade me this weekend... IF YOU DARE!!!
Philly -2.5
Bengals/Chiefs Over 47.5
4* each
good luck
and what exactly does this have to do with an Eagles team that did not play the Niners last week
and what exactly does this have to do with an Eagles team that did not play the Niners last week
I think for what he is meaning it is ‘The Law of Averages’. He is saying he is due to have a losing streak and get back to a reasonable winning percentage because he has been winning at an overly expected rate.
There is really no ‘Law of Probability’ as much as a ‘Law of Total Probability’ and offshoots of that. This would apply more to the predicted results of the individual games themselves. There is just probability, and varieties.
For example:
The law of averages is the commonly held belief that a particular outcome or event will, over certain periods of time, occur at a frequency that is similar to its probability. Depending on context or application it can be considered a valid common-sense observation or a misunderstanding of probability. This notion can lead to the gambler's fallacy when one becomes convinced that a particular outcome must come soon simply because it has not occurred recently (e.g. believing that because three consecutive coin flips yielded heads, the next coin flip must be virtually guaranteed to be tails).
As invoked in everyday life, the "law" usually reflects wishful thinking or a poor understanding of statistics rather than any mathematical principle. While there is a real theorem that a random variable will reflect its underlying probability over a very large sample, the law of averages typically assumes that an unnatural short-term "balance" must occur.
In other words ‘The Law of Averages’ might say that he would tend, sooner or later, to regress to a winning percentage of what a ‘Law of Probability’ might predict.
The fallacy here might be to assume that ‘The Law of Averages’ says a ‘Law of Probability’ might say it is probable he is due to lose.
That of course is not true. His winning rate could be what it is. It is an entirely isolated event from another person’s winning rate. Unless, over a long period he knows what his winning rate tends to be.
Then he would be ‘probable’ to get back to what the ‘Law of Averages’ might predict.
I think for what he is meaning it is ‘The Law of Averages’. He is saying he is due to have a losing streak and get back to a reasonable winning percentage because he has been winning at an overly expected rate.
There is really no ‘Law of Probability’ as much as a ‘Law of Total Probability’ and offshoots of that. This would apply more to the predicted results of the individual games themselves. There is just probability, and varieties.
For example:
The law of averages is the commonly held belief that a particular outcome or event will, over certain periods of time, occur at a frequency that is similar to its probability. Depending on context or application it can be considered a valid common-sense observation or a misunderstanding of probability. This notion can lead to the gambler's fallacy when one becomes convinced that a particular outcome must come soon simply because it has not occurred recently (e.g. believing that because three consecutive coin flips yielded heads, the next coin flip must be virtually guaranteed to be tails).
As invoked in everyday life, the "law" usually reflects wishful thinking or a poor understanding of statistics rather than any mathematical principle. While there is a real theorem that a random variable will reflect its underlying probability over a very large sample, the law of averages typically assumes that an unnatural short-term "balance" must occur.
In other words ‘The Law of Averages’ might say that he would tend, sooner or later, to regress to a winning percentage of what a ‘Law of Probability’ might predict.
The fallacy here might be to assume that ‘The Law of Averages’ says a ‘Law of Probability’ might say it is probable he is due to lose.
That of course is not true. His winning rate could be what it is. It is an entirely isolated event from another person’s winning rate. Unless, over a long period he knows what his winning rate tends to be.
Then he would be ‘probable’ to get back to what the ‘Law of Averages’ might predict.
If you choose to make use of any information on this website including online sports betting services from any websites that may be featured on this website, we strongly recommend that you carefully check your local laws before doing so.It is your sole responsibility to understand your local laws and observe them strictly.Covers does not provide any advice or guidance as to the legality of online sports betting or other online gambling activities within your jurisdiction and you are responsible for complying with laws that are applicable to you in your relevant locality.Covers disclaims all liability associated with your use of this website and use of any information contained on it.As a condition of using this website, you agree to hold the owner of this website harmless from any claims arising from your use of any services on any third party website that may be featured by Covers.