Odds Question

Reply #4

eddessaknight — Mon, 22 Apr 2024 23:51:55 GMT

TY orange,

odds are often like fact pathology and management, or manipulated; greatly depending how they are applied or articulated, before, with or after (subject

Reply #3

Orange71 — Mon, 15 Apr 2024 23:38:17 GMT

in a way, that's right, the odds may indeed be deceptive. It matters a great deal the precision of how the question is specified. Does it mean at least 20 losses in a row or exactly 20 losses in a row (out of 240 games)? If the latter, does the streak happen only once, with no other streaks of 20 losses (i.e. any other streaks are 19 losses or less) or can there possibly be multiple streaks of 20 losses in a row, but at most 20 in a row ? These will have different answers. I'm confident these qu... [ More ]

Reply #2

eddessaknight — Sun, 07 Apr 2024 18:04:39 GMT

The odds are deceptive

Reply #1

cottoneyedjoe — Wed, 03 Apr 2024 04:22:26 GMT

(1/4.2)^20 is the probability of winning 20 times in a row. The probability of losing 20 times in a row is

(1 - 1/4.2)^20 = 0.00434523989

Odds Question

Durkadurrr — Wed, 03 Apr 2024 01:02:51 GMT

If a game has odds of 1 in 4.72, and you lose 20 times in a row, would the equation be:

(1/4.72)^20=

Answer: 3.3201678e-14

?

Also, if the odds remain the same, how would you set up two 20 loss in a row streaks having played 240 total times?

Regards