Quote Originally Posted by DNI:
Hello,
I am not in disagreement about mathematics as a logical way of analysis on some wagers and some styles of wagering.
Again, this isn't something I practice with American Football, or Basketball, or any other sport, except NHL, where I have found it profitable in a niche market so to speak.
Of course long-shots happen, it's why the game is played and why people do win on long shots. But the analysis and reasoning was sound last night.
Vancouver stormed out 3-0, the odds of that game going into OT at that point were extremely unlikely. EVEN when 3rd period started at 3-3, the odds would have been at least +200 to end the game as a draw in regulation. The odds were IN MY FAVOR nearly the entire game, until the last 7 minutes or so of the game. Remember, this wager was for + money as well.
How would that have been a 'wrong wager' or 'mathematically incorrect' in your book? I was on the right side of that wager the minute Vancouver went up 2-0.
Sincerely,
DNI Mourinho
Mr. DNI Moronio,
Im glad you asked. It seems like you are willing to learn. So asking questions for your gross misunderstanding of probability should be applauded.
The only points that matter to a wager like yours are before the game starts, and the final score. ANYTHING IN BETWEEN THE START OF THE GAME AND THE FINAL SCORE HAS NO BEARING.
You can pick any point in the game and point to it as a period where you could be in an advantageous position. But at that point, the odds (or price you would need to pay) would also reflect that position.
So when you make a -500 wager at the beginning of the game, there is no point during that game that matters except the final score. So the fact that they were up 3-0, or down 3-0, or anywhere in between has zero importance on your wager.
You make your bet before the game starts. If you were to lay -100 in game that at 3-0 it would go to overtime, I am sure that if you picked the 1 out of 100 that would go to overtime - you would be upset.
But saying that you made the correct wager before the game because at one point during the game the score was 3-0, just is utterly ridiculous friend.
Sincerely,
Vanzack
Feeling very sorry for gamblers that wont make any effort to understand probability
Support your local animal shelter. I am on twitter.