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Last year, a window company in Cleveland ran a special where if the Indians had a 15-game winning any time after August 1st, anyone who used the company in July
by ssharp 8y ago
Last year, a window company in Cleveland ran a special where if the Indians had a 15-game winning any time after August 1st, anyone who used the company in July would have their money refunded.
The Indians ended up with a 22-game winning streak during that period, resulting in around $2 million in refunds. The insurance for that was $75,000. I remember calculating the probability of winning 15 games in a row any time over a ~55 game period and the insurance company seemed like they were getting a great deal!