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That's still a player edge

Posted By: Stanford Wong
Date: 15 Aug 01, 3:51 pm

In Response To: Sorry. Left out Houston 9-1. (nt) (James)

At 9:1, it costs $10 to buy a ticket that will be worth $100 if Houston wins the NL pennant. That brings the total cost of buying such tickets on every team in the NL to $94.44. That's a player edge of 5.9%, for an investment lasting about two months.

Stanford Wong

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Messages In This Thread

Pennant futures prices 8/15 -- James -- 15 Aug 01, 11:46 am
For your NL numbers, the player has an edge. -- Stanford Wong -- 15 Aug 01, 12:29 pm
Forgot Houston (nt) -- StevieY -- 15 Aug 01, 1:16 pm
Sorry. Left out Houston 9-1. (nt) -- James -- 15 Aug 01, 1:57 pm
That's still a player edge -- Stanford Wong -- 15 Aug 01, 3:51 pm
The bad bets -- fezzik -- 15 Aug 01, 4:45 pm
Are faltering teams bad bets at any odds? -- James -- 15 Aug 01, 6:05 pm
Avoid faltering teams since -- fezzik -- 15 Aug 01, 11:26 pm
Cleveland 10-1 -- James -- 15 Aug 01, 6:19 pm
my estimation of fair odds -- docriver -- 15 Aug 01, 7:37 pm

 


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