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by srtjstjsj 2066 days ago
That's not how gambling works. You don't "bet the farm" on a single 87% chance event to win 1.5 farms.
2 comments
gifnamething 2066 days ago
That is how betting works when you hedge.
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anonymoushn 2066 days ago
How are you planning to hedge this?
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gifnamething 2065 days ago
Uh, bet on the other guy
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anonymoushn 2065 days ago
At most (all?) venues, betting on both guys is worse than not betting on either guy. So this sounds like a bad plan.
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anonymoushn 2066 days ago
The Kelly criterion says you bet 61% of the farm in this situation.
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