Portality |
Tuesday, March 22, 2005
Posted
11:50 AM
by Tommy
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. 0 Comments:Post a Comment |