4 ms·
That's not how gambling works. You don't "bet the farm" on a single 87% chance event to win 1.5 farms.
by srtjstjsj 6y ago
That's not how gambling works. You don't "bet the farm" on a single 87% chance event to win 1.5 farms.
- gifnamething 6y agoThat is how betting works when you hedge.
- anonymoushn 6y agoHow are you planning to hedge this?
- gifnamething 6y agoUh, bet on the other guy
- anonymoushn 6y agoAt most (all?) venues, betting on both guys is worse than not betting on either guy. So this sounds like a bad plan.
- anonymoushn 6y agoThe Kelly criterion says you bet 61% of the farm in this situation.