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Originally Posted by chadglni
WTF kind of idiot logic is this? If you hit 75% you make money so how the fuck are you wasting your profits?
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by hitting 75% you're wasting the 55% winners that will also give you the profits.. as long as winning % x odds is over 100 you should make the bet..
example: you flip a coin and give me 2.05 on heads and 1.95 on tails.. thats roughly 50/50 in the long run so I'd be an idiot if I skipped betting on heads... the value on heads would be 2.05 x 50 = 102.50 , 2.50% profit in the long run