True Odds for Przes

Forum: Streak Survivor
Author: [Streak Survivor] Topic: True Odds for Przes
ovrundr PM ovrundr
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Posted: 6/15/2012 2:36:36 AM

Odds of hitting...

25 Straight: 33,554,432 to 1

21 Straight: 2,097,152 to 1

17 Straight: 131,072 to 1

13 Straight: 8,192 to 1

9 Straight: 512 to 1

Unstoppable Force PM Unstoppable Force
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Posted: 6/15/2012 12:46:07 PM
How were these calculated?
ovrundr PM ovrundr
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ovrundr
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Posted: 6/15/2012 3:38:36 PM
It's just basic mathematics. Simple.
RF1 PM RF1
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Posted: 6/15/2012 10:22:19 PM
^ lol
MRJLX PM MRJLX
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Posted: 6/15/2012 10:31:00 PM
QUOTE Originally Posted by Unstoppable Force:

How were these calculated?

all it is the odds of flipping a coin so many times. 2 to 25th power... there was a thread like this earlier. 
still comes down to luck. 
Unstoppable Force PM Unstoppable Force
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Posted: 6/16/2012 10:32:01 AM
Thanks.. Yes, For sure, A lot of luck 
crushalot22 PM crushalot22
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Posted: 6/17/2012 4:08:51 PM

What are the odds of 1 of 4 at 17 hitting 21 in a row? 

And the way I look at it,  the leaders are starting now.  4 winners in a row is all that is needed to get that money.  A streak of 4.  What are the odds of 1 out of 4 hitting 4 in a row?

ovrundr PM ovrundr
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Posted: 6/19/2012 11:40:44 PM
[Quote: Originally Posted by crushalot22]

What are the odds of 1 of 4 at 17 hitting 21 in a row? 

And the way I look at it,  the leaders are starting now.  4 winners in a row is all that is needed to get that money.  A streak of 4.  What are the odds of 1 out of 4 hitting 4 in a row?

The odds of hitting 4 in a row would be 16 to 1. The formulas for these are simple. For 4 in a row, it's 2 to the 4th power, or 2x2x2x2=16. 5 in a row would be 2 to the 5th power, and so on and so on.

crushalot22 PM crushalot22
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Posted: 6/20/2012 12:00:49 AM
That's my point,  ovrundr.  The odds change every time someone gets closer.  Those odds of someone flippin a coin from pick one doesn't meet garbage
crushalot22 PM crushalot22
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Posted: 6/20/2012 12:01:52 AM
mean garbage,  either
thewhitesmith PM thewhitesmith
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Posted: 6/20/2012 10:23:40 AM
and what's to say every pick is 50/50?

if you're picking a -130 favorite every time your numbers go right out the window...
ovrundr PM ovrundr
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Posted: 6/20/2012 10:03:21 PM
[Quote: Originally Posted by thewhitesmith] and what's to say every pick is 50/50?

if you're picking a -130 favorite every time your numbers go right out the window...
 
The 50/50 prop you're talking about is based on a STRAIGHT UP win/lose outcome. It's just an understanding of basic odds and probability. That's why I don't bet football parlay cards. On a 5 team parlay, the card pay out 20 to 1, when the true odds of hitting is actually 32 to 1. That means that the house has a 37.5% ADVANTAGE over the player. The football analogy was just an example of what the concept of "true odds" really are. There are so many different variables when picking a side, both positive and negative, that they'll virtually cancel each other out, so this is pretty much the standard way that the odds are figured out.
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