what was the determining factor as to why the discipline was changed?
Wutang
I betting Shane's break had something to do with it.
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what was the determining factor as to why the discipline was changed?
Wutang
what was the determining factor as to why the discipline was changed?
Wutang
OK, so let me get this straight. If I back a player, and he wins, and the "random" player I draw does not win, then I will get
$100,000 * 60% * 75% = $45,000???!!!!!
That seems like a really bad wager if you ask me.
2.25:1 on my money with a 7:1 shot.
I'd rather call a pot-sized bet and draw to a gutshot.
You are completely forgetting about your horse coming in 2nd and the other 40% chance of your other player coming in 1st or 2nd. Odds don't seem like you specialty I think you should just keep your money in the bank, but if you are ever looking to play some high stakes poker look me up.
Also...it's not really 7:1. It's possible to win 1st playing only 4 matches
Ray
Sorry... I don't follow. If there are 8 players, the average odds have to be 7:1, regardless of the mechanism (tournament format) by which you decide the winner.
In this tournament, the only reason why it wouldn't be a fair bet is due to the amount you have to pay/split with your player, offset by the free hotel rooms.
You are correct with 8 players of equal ability the odds of winning an eight man tournament is 7 to 1.
What I was saying in my previous post is that you also have to calculate either of your players getting 1st or 2nd. So just looking at the money if your player gets first without taking into account your other player is not calculating the odds correctly.
Here is a little odds quiz:
How many possible winners are there in this tournment? I will give you this one as it is really too easy, minimum 2 winners, max 4.
What are the odds of only two winners?
What are the odds of three winners?
What are the odds of four winners?
Canceled because of lack of interest
Pretty much sums up pro pool in the U.S. right there.
You gave it a good shot. Thanks for that. If we had more like you it might not be the case.
:thumbup: I agree. Disappointing this did not go downPretty much sums up pro pool in the U.S. right there.
You gave it a good shot. Thanks for that. If we had more like you it might not be the case.