Re: What are odds of this kind of Bad Beat Streak?
Right, the odds of 22 or more losses out of 24 is the sum of exactly 22,23, and 24 losses, which is the same as the sum of exactly 0, 1 and 2 wins. This is:
sum[i=0 to 2]C(24,i)*.75^i*.25^(24-i) =
.25^24 + 24(.75)(.25)^23 + (24*23/2)(.75)^2(.25)^22
= 9.0878x10^-12 = 1 in 110 BILLION
BTW, I think the Brits call a billion a trillion, right Lori?
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