Re: Why Two Dimes Data Is Wrong (Continued...)
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Buzz, you're forgetting that you get your $25 bet back twice as often in the case where you're drawing to a low as compared to the case where you're drawing to a scoop. Have to include that to get the odds right; when you do, you'll see that the "extra dollar" has been there all along.
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FatBallz (Wintermute?) - You have to bet twice as often to get your $25 back twice as often.
When you bet twice as often, you take double the risk.
And in any event, odds are figured on the basis of what you win from someone else divided by what you risk yourself.
Buzz
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