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Vegas & The Aftermath - Diary
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Topic: Vegas & The Aftermath - Diary (Read 7873679 times)
tikay
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Posts: I am a geek!!
Re: Vegas & The Aftermath - Diary
«
Reply #36705 on:
March 05, 2014, 01:45:45 PM »
We were discussing a bet on Fred about two fat blokes throwing pointy things at a circle hung on a wall. They call it Prermier League Darts, & we discovered a method where we could not lose.
This was my summing-up.
Darts - probability of a draw in a 12 leg game.
I think that the probability of a draw in an even match (i.e. one where both players have the same probability of holding their own throw) is:
=(POWER(ProbWin;12)+36*POWER(ProbWin;10)*POWER((1-ProbWin);2)+225*POWER(ProbWin;8 )*POWER((1-ProbWin);4)+400*POWER(ProbWin;6)*POWER((1-ProbWin);6)+225*POWER(ProbWin;4)*POWER((1-ProbWin);8 )+36*POWER(ProbWin;2)*POWER((1-ProbWin);10)+POWER((1-ProbWin);12))
(in spreadsheet formula speak) where ProbWin is the probability of a player holding his own throw.
This gives the following figures:
Prob Holding Throw Prob Drawn Match
0.5 0.2256
0.55 0.2268
0.6 0.2307
0.65 0.2376
0.7 0.2484
0.75 0.2649
In any case, as discussed above, it assumes that the probability of holding your throw in a leg is independent of the current scoreline which seems unlikely.
Logged
All details of the 2016 Vegas Staking Adventure can be found via this link -
http://bit.ly/1pdQZDY
(copyright Anthony James Kendall, 2016).
RED-DOG
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Re: Vegas & The Aftermath - Diary
«
Reply #36706 on:
March 05, 2014, 01:46:56 PM »
The world really has gone mad.
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The older I get, the better I was.
redarmi
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Posts: 5166
Re: Vegas & The Aftermath - Diary
«
Reply #36707 on:
March 05, 2014, 01:48:34 PM »
Quote from: tikay on March 05, 2014, 01:36:36 PM
Quote from: RED-DOG on March 05, 2014, 01:31:32 PM
So you don't do art but fashion is OK? That's a fine line to walk Mr K.
Incidentally, you may wonder, from time to time, what degenerate topics get discussed on Fred.
This post was made on Sunday, by a regular Freddie. It is a "Bet Recommend".
I kid you not. Can you believe that, the depths of depravity some blondes will go to to try and win a fiver?
You don't know what you are missing.
FYP
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http://twitter.com/redarmi123
Tal
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Posts: 24288
"He's always at it!"
Re: Vegas & The Aftermath - Diary
«
Reply #36708 on:
March 05, 2014, 01:50:30 PM »
Quote from: Doobs on March 05, 2014, 01:44:54 PM
Quote from: Tal on March 05, 2014, 01:06:57 PM
He is one or the few people who are known by a single name. How much would Karl.com have cost?
Few? Even low scoring football players from lowly teams like Spurs are known by single names. Think we'd all know who Suarez, Gerrard and Rooney are too. Adele, Beyoncé, Bono, dare say most would even know who Sinitta was. I'd happily put Sinitta up vs Lagerfield.
Most of the people on that list aren't known by their real first name. Also, worldwide, Lagerfeld crushes Sinitta.
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"You must take your opponent into a deep, dark forest, where 2+2=5, and the path leading out is only wide enough for one"
arbboy
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Posts: 13270
Re: Vegas & The Aftermath - Diary
«
Reply #36709 on:
March 05, 2014, 02:05:05 PM »
.
«
Last Edit: March 05, 2014, 02:06:36 PM by arbboy
»
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tikay
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Re: Vegas & The Aftermath - Diary
«
Reply #36710 on:
March 05, 2014, 02:16:25 PM »
Quote from: arbboy on March 05, 2014, 02:05:05 PM
.
Now I shall forever be intrigued as to what that was going to be......
Psychologically, that's a proper head mashing job.
Logged
All details of the 2016 Vegas Staking Adventure can be found via this link -
http://bit.ly/1pdQZDY
(copyright Anthony James Kendall, 2016).
celtic
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Posts: 19178
Re: Vegas & The Aftermath - Diary
«
Reply #36711 on:
March 05, 2014, 02:39:08 PM »
Quote from: tikay on March 05, 2014, 02:16:25 PM
Quote from: arbboy on March 05, 2014, 02:05:05 PM
.
Now I shall forever be intrigued as to what that was going to be......
Psychologically, that's a proper head mashing job.
He's gone from posting the same thing a hundred times to posting nothing once
I saw it, was a post about dogs at belle vue, that belonged on TFT. It's been replicated there.
Logged
Keefy is back
But for how long?
tikay
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Re: Vegas & The Aftermath - Diary
«
Reply #36712 on:
March 05, 2014, 02:42:26 PM »
Quote from: celtic on March 05, 2014, 02:39:08 PM
Quote from: tikay on March 05, 2014, 02:16:25 PM
Quote from: arbboy on March 05, 2014, 02:05:05 PM
.
Now I shall forever be intrigued as to what that was going to be......
Psychologically, that's a proper head mashing job.
He's gone from posting the same thing a hundred times to posting nothing once
I saw it,
was a post about dogs at belle vue, that belonged on TFT. It's been replicated there.
You Policing my Diary? Chompy does the very same thing, reads every word.
Tom is sneaky though, he logs out THEN reads it. Then tries to do better on Diary Moribund.
Logged
All details of the 2016 Vegas Staking Adventure can be found via this link -
http://bit.ly/1pdQZDY
(copyright Anthony James Kendall, 2016).
celtic
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Posts: 19178
Re: Vegas & The Aftermath - Diary
«
Reply #36713 on:
March 05, 2014, 02:53:17 PM »
Quote from: tikay on March 05, 2014, 02:42:26 PM
Quote from: celtic on March 05, 2014, 02:39:08 PM
Quote from: tikay on March 05, 2014, 02:16:25 PM
Quote from: arbboy on March 05, 2014, 02:05:05 PM
.
Now I shall forever be intrigued as to what that was going to be......
Psychologically, that's a proper head mashing job.
He's gone from posting the same thing a hundred times to posting nothing once
I saw it,
was a post about dogs at belle vue, that belonged on TFT. It's been replicated there.
You Policing my Diary? Chompy does the very same thing, reads every word.
Tom is sneaky though, he logs out THEN reads it. Then tries to do better on Diary Moribund.
I never miss a post on here me. Though I seem to have missed the conclusion of your tourney report 😀
Logged
Keefy is back
But for how long?
Chompy
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Posts: 11503
Expert
Re: Vegas & The Aftermath - Diary
«
Reply #36714 on:
March 05, 2014, 02:56:00 PM »
Yuh, where are chapter 6-15 of the tournament report? Was enjoying that.
Logged
"I know we must all worship at the Church of Chomps, but statements like this are just plain ridic. He says he can't get a bet on, but we all know he can."
Gamblor21
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Posts: 1576
Re: Vegas & The Aftermath - Diary
«
Reply #36715 on:
March 05, 2014, 03:47:28 PM »
Quote from: tikay on March 05, 2014, 01:45:45 PM
We were discussing a bet on Fred about two fat blokes throwing pointy things at a circle hung on a wall. They call it Prermier League Darts, & we discovered a method where we could not lose.
This was my summing-up.
Darts - probability of a draw in a 12 leg game.
I think that the probability of a draw in an even match (i.e. one where both players have the same probability of holding their own throw) is:
=(POWER(ProbWin;12)+36*POWER(ProbWin;10)*POWER((1-ProbWin);2)+225*POWER(ProbWin;8 )*POWER((1-ProbWin);4)+400*POWER(ProbWin;6)*POWER((1-ProbWin);6)+225*POWER(ProbWin;4)*POWER((1-ProbWin);8 )+36*POWER(ProbWin;2)*POWER((1-ProbWin);10)+POWER((1-ProbWin);12))
(in spreadsheet formula speak) where ProbWin is the probability of a player holding his own throw.
This gives the following figures:
Prob Holding Throw Prob Drawn Match
0.5 0.2256
0.55 0.2268
0.6 0.2307
0.65 0.2376
0.7 0.2484
0.75 0.2649
In any case, as discussed above, it assumes that the probability of holding your throw in a leg is independent of the current scoreline which seems unlikely.
I've just compared against our model and you(or whoever you stole the quote from isn't far off). You'd rarely get exactly the same hold %'s which is a factor, along with momentum. The ad break in Premier League darts used to be a big momentum killer, though it doesn't exist anymore so the players struggle to buck the trend now. We actually feel like the draw price is far too big in the market, just doesn't seem to be mathematically correct. However in a world where majority just copy the prices it doesn't look to change, so the draw is often a smidge of value on a Thursday.
Well worked out Tikay!
Logged
Hear me knocking... Let me in then!
tikay
Administrator
Hero Member
Offline
Posts: I am a geek!!
Re: Vegas & The Aftermath - Diary
«
Reply #36716 on:
March 05, 2014, 04:01:43 PM »
Quote from: Gamblor21 on March 05, 2014, 03:47:28 PM
Quote from: tikay on March 05, 2014, 01:45:45 PM
We were discussing a bet on Fred about two fat blokes throwing pointy things at a circle hung on a wall. They call it Prermier League Darts, & we discovered a method where we could not lose.
This was my summing-up.
Darts - probability of a draw in a 12 leg game.
I think that the probability of a draw in an even match (i.e. one where both players have the same probability of holding their own throw) is:
=(POWER(ProbWin;12)+36*POWER(ProbWin;10)*POWER((1-ProbWin);2)+225*POWER(ProbWin;8 )*POWER((1-ProbWin);4)+400*POWER(ProbWin;6)*POWER((1-ProbWin);6)+225*POWER(ProbWin;4)*POWER((1-ProbWin);8 )+36*POWER(ProbWin;2)*POWER((1-ProbWin);10)+POWER((1-ProbWin);12))
(in spreadsheet formula speak) where ProbWin is the probability of a player holding his own throw.
This gives the following figures:
Prob Holding Throw Prob Drawn Match
0.5 0.2256
0.55 0.2268
0.6 0.2307
0.65 0.2376
0.7 0.2484
0.75 0.2649
In any case, as discussed above, it assumes that the probability of holding your throw in a leg is independent of the current scoreline which seems unlikely.
I've just compared against our model and you(or whoever you stole the quote from isn't far off). You'd rarely get exactly the same hold %'s which is a factor, along with momentum. The ad break in Premier League darts used to be a big momentum killer, though it doesn't exist anymore so the players struggle to buck the trend now. We actually feel like the draw price is far too big in the market, just doesn't seem to be mathematically correct. However in a world where majority just copy the prices it doesn't look to change, so the draw is often a smidge of value on a Thursday.
Well worked out Tikay!
Thanks Bradders. Hope you are not suggesting I stole that.
Mere maths, my friend.
Logged
All details of the 2016 Vegas Staking Adventure can be found via this link -
http://bit.ly/1pdQZDY
(copyright Anthony James Kendall, 2016).
RED-DOG
International Lover World Wide Playboy
Global Moderator
Hero Member
Offline
Posts: 47395
Re: Vegas & The Aftermath - Diary
«
Reply #36717 on:
March 05, 2014, 10:16:55 PM »
Channel 549 now. The Elephant Who Loved Too Much.
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The older I get, the better I was.
tikay
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Hero Member
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Posts: I am a geek!!
Re: Vegas & The Aftermath - Diary
«
Reply #36718 on:
March 05, 2014, 10:23:03 PM »
Quote from: RED-DOG on March 05, 2014, 10:16:55 PM
Channel 549 now. The Elephant Who Loved Too Much.
Aisha and Daphne!
Thanks Tom, am recording it, too tired to enjoy it tonight, but I'll save it for a treat later in the week.
Love elephants (and hippos). I would marry one if I had not pledged myself to Louise Fletcher, or signalled to Vicki Coren that I'd be receptive to her.
Logged
All details of the 2016 Vegas Staking Adventure can be found via this link -
http://bit.ly/1pdQZDY
(copyright Anthony James Kendall, 2016).
RED-DOG
International Lover World Wide Playboy
Global Moderator
Hero Member
Offline
Posts: 47395
Re: Vegas & The Aftermath - Diary
«
Reply #36719 on:
March 05, 2014, 10:28:02 PM »
Quote from: tikay on March 05, 2014, 10:23:03 PM
Quote from: RED-DOG on March 05, 2014, 10:16:55 PM
Channel 549 now. The Elephant Who Loved Too Much.
Aisha and Daphne!
Thanks Tom, am recording it, too tired to enjoy it tonight, but I'll save it for a treat later in the week.
Love elephants (and hippos). I would marry one if I had not pledged myself to Louise Fletcher, or signalled to Vicki Coren that I'd be receptive to her.
Cradle snatcher.
Logged
The older I get, the better I was.
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