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Old 09-07-2005, 08:18 AM
RayGarlington RayGarlington is offline
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Join Date: Aug 2004
Posts: 44
Default Re: What I hate the most - 2pr on 4th

Well, things seem clearer this morning!

I was only giving us credit for 6% of the opponents bets then looking at our bet in isolation. i.e. I should have been thinking "for every bet that goes in I get 40%, the opponents split 60%" or the way Andy put it "we're putting in 33% and our equity is 40% so we're gaining not losing"

rats. someday I'll be right.
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