Re: Would someone take this bet with me?
ok, 200 tables, you have to make the FT. .5% chance. 40 tries. We need to hit our 99.5% shot 40 times in a row. .995^40 = 81.8% chance that we win IF you are an average player. However, I've got faith in you. I think you are twice as good as the field. So... .99^40 = 66.9% shot. You will make the FT 33.1% of the time in 40 consecutive tries. Yeah, I'll take that bet! What is my EV? 200*.669 + 0*.331 - 100 = $33.80. Sweet! You good for another $100 bet or am I too late?
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