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About even money bets they say you can not gain plus 1 unit flat betting and win more overall then you lose as there does not exist a positive expectation.
We know the game has a negative expectation, but how close can we get hovering around break even point or even reach a positive tram during periods of time playing.
That is a question i ask.
I try out a bet selection with even money bets using the odds 2 against 1 to see how it preforms.
The math behind flat betting is very simple.
Lets assume we say that we try to win plus 1 unit for each session.
Then plus 1 unit has to overcome the amount of attempts we using to achieve plus 1 unit.
With this experiment we use two attempts for each attack to gain plus 1 unit.
Random org 2013 01 16
Flat betting.
20 Sessions.
Win plus 18 units.
Loss minus 4 units.
-2
+1
+1
+1
+1
+1
+1
+1
+1
+1
+1
+1
+1
+1
+1
-2
+1
+1
+1
+1
That was a positive tram ...
Next looks like this ...
Random org 2013 01 15
Flat betting.
16 Sessions.
Win plus 10 units.
Loss minus 12 units.
+1
-2
+1
-2
+1
+1
+1
+1
+1
-2
-2
+1
-2
+1
+1
-2
This one is hovering around break even point.
Ahh finally, very nice to see you here Sputnik :thumbsup:
Best
Drazen
Winning one unit a session on an EC flat betting, is to bet until 1 plus, is there other ways?. It is to find the moment to start.
Welcome Sputnik!
Um...I'm wondering what you are actually betting on.
[My apologies if it was explained already... I blinked and missed it! ]
Quote from: Ralph on January 16, 2013, 11:46:57 AM
Winning one unit a session on an EC flat betting, is to bet until 1 plus, is there other ways?. It is to find the moment to start.
No less...
One way to try to overcome the -ev, is to make a guess if it will chop or be series. This play I assume it will not chop most of the time. It went streaky for a while and I just FTL bet. Trying to get 10.
Quote from: esoito on January 18, 2013, 04:42:40 AM
Welcome Sputnik!
Um...I'm wondering what you are actually betting on.
[My apologies if it was explained already... I blinked and missed it! ]
I use the odds 1 in 3 as dozen playing even money bets and just aim for the two last events to repeat.