Re: Proposition bet based on a hold \'em situation
Lorinda,
Two things:
1) Are you sure that the made straight is a favorite over Qs Ts? I think it's a slight dog. (~48% for the straight, ~52% for the draw)
2) The odds he's laying (130:100) is on who wins the most times out of 50 hands, not on each individual hand. For any draw his friend picks that's any sort of apprieciable underdog to the made straight, it's an overwhelmingly favorable to take. Conversely, even with the very slight edge that Qs Ts has, it's still a 2-1 favorite to be ahead over 50 hands. (of course, if I have it backwards with Qs Ts, then it's a great bet to make in all cases).
PP
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