Re: Proposition bet being offered to me
The 5s2s will win 18.36% of the trials.
It will win, or tie 18.86% (so maybe you want to change rules a little [img]/forums/images/icons/laugh.gif[/img] )
Now my binomial distribution is very rusty, but trying to decipher this table i have, you will win 7 or more out of 50 (as high as my tables go) 63.9% of the time if you have a 15% chance per hand and 89.7% of the time at 20% chance per hand. So some sort of guess gives you a 75% chance of winning 7/50 which i believe will go up for 14/100.
As I say, my probability is rusty, but for sure you will win 18.36% of the hands.
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