Portality


Tuesday, March 22, 2005


A quick update on my previous post:

Since Barry Bonds might be out for the season, I now have to take the under on the Giants winning 89 games this year.

Current odds for the Giants are as follows:
Wager: NOT win 89 games
Odds: 1.80
Investment: 20.00
Probability: .70
Expected Profit: 5.20
% Profit: 26%

Worst-case scenario: -170.00
Expected scenario: +75.54
Best-case scenario: +246.75

I don't know how quickly the oddsmakers are going to take to adjust the odds on the Giants, so I might have to act on this particular bet a bit quicker than I'd like.


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