hibs.net Messageboard

Page 11 of 11 FirstFirst ... 91011
Results 301 to 314 of 314
  1. #301
    @hibs.net private member CropleyWasGod's Avatar
    Join Date
    Apr 2002
    Posts
    28,935
    Quote Originally Posted by Hibbyradge View Post
    This quote is hidden because you are ignoring this member. Show Quote
    You're correct except your 64 should read 32.
    **** aye


  2. Log in to remove the advert

  3. #302
    @hibs.net private member Hibbyradge's Avatar
    Join Date
    May 2002
    Location
    I live for dull football
    Posts
    53,737
    Quote Originally Posted by SRH View Post
    This quote is hidden because you are ignoring this member. Show Quote
    But is it not correct to look at them in isolation - after the fact anyway? I’ve seen black spin in 13+ times in a row on a roulette table. Happens.
    Your roulette analogy helps prove the argument, actually.

    Am I right in saying that betting on a particular number gets you 35/1 return? (Ignore the inbuilt advantage for the house because the real odds are 37/1.)

    Ok, so you bet £1 on number 7 and it comes in, you get paid £35.

    If you let your bet run, you'd get £35 x 35 and it comes in for a second time. That return £1225.

    You let it run and if it comes in, bingo, £42875.

    That's not even accurate cos of the stakes etc but it does show how the odds of it happening are calculated.
    Buy nothing online unless you check for free cashback here first. I've already earned £2,389.68!



  4. #303
    Testimonial Due
    Join Date
    Sep 2002
    Location
    Helmsley, York
    Age
    58
    Posts
    4,195
    Quote Originally Posted by Hibbyradge View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Your roulette analogy helps prove the argument, actually.

    Am I right in saying that betting on a particular number gets you 35/1 return? (Ignore the inbuilt advantage for the house because the real odds are 37/1.)

    Ok, so you bet £1 on number 7 and it comes in, you get paid £35.

    If you let your bet run, you'd get £35 x 35 and it comes in for a second time. That return £1225.

    You let it run and if it comes in, bingo, £42875.

    That's not even accurate cos of the stakes etc but it does show how the odds of it happening are calculated.
    And to add to that analogy if you play roulette every year for 140 odd years getting three sevens in an row isn't that odd.

  5. #304
    @hibs.net private member SRHibs's Avatar
    Join Date
    Apr 2002
    Location
    Newcastle/Gateshead
    Age
    35
    Posts
    5,341
    Gamer IDs

    Gamertag: Limit Break PSN ID: cyniUK
    Quote Originally Posted by Hibbyradge View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Your roulette analogy helps prove the argument, actually.

    Am I right in saying that betting on a particular number gets you 35/1 return? (Ignore the inbuilt advantage for the house because the real odds are 37/1.)

    Ok, so you bet £1 on number 7 and it comes in, you get paid £35.

    If you let your bet run, you'd get £35 x 35 and it comes in for a second time. That return £1225.

    You let it run and if it comes in, bingo, £42875.

    That's not even accurate cos of the stakes etc but it does show how the odds of it happening are calculated.
    I understand how the multiplicative nature works. Any combination of 3 draws would’ve had the same chance of happening in terms of the probability though, which just makes it pretty futile after the fact.

    I think I agree and am just a confused person. Strange, but happy, coincidence anyway.


  6. #305
    Testimonial Due Geo_1875's Avatar
    Join Date
    Jan 2006
    Location
    In my Joy Division Oven Gloves
    Posts
    4,243
    Quote Originally Posted by Cardinal Hibernian View Post
    This quote is hidden because you are ignoring this member. Show Quote
    This indeed is the correct answer - one in 55 800.

    Working out is:-

    (1/2) x (1/15) x (1/2) x (1/15) x (1/31) = 1 / 55 800

    The half is required to set the home team each year and the '1 in 15' etc is the probability of the away team being picked.

    The general formula is:-

    (1/2)^k × (1/(n1 - 1)) x (1/(n2 -1)) x (1/n3 -1)) x ..... x (1/(nk-1))

    where k is the number of years and n1, n2, n3 ..., nk is the number of teams left in at each round in a given year.

    Who said mathematics / statistics was boring.






    Sent from my SM-T820 using Tapatalk
    Very well explained and exactly as I understood it to be, only getting the number of teams in each draw wrong.

    Except your calculation is wrong by a factor of 2.


  7. #306
    Testimonial Due Geo_1875's Avatar
    Join Date
    Jan 2006
    Location
    In my Joy Division Oven Gloves
    Posts
    4,243
    Quote Originally Posted by SRH View Post
    This quote is hidden because you are ignoring this member. Show Quote
    I understand how the multiplicative nature works. Any combination of 3 draws would’ve had the same chance of happening in terms of the probability though, which just makes it pretty futile after the fact.

    I think I agree and am just a confused person. Strange, but happy, coincidence anyway.
    But what are the odds that a bookie would lay your bet after the fact?

  8. #307
    @hibs.net private member SRHibs's Avatar
    Join Date
    Apr 2002
    Location
    Newcastle/Gateshead
    Age
    35
    Posts
    5,341
    Gamer IDs

    Gamertag: Limit Break PSN ID: cyniUK
    Quote Originally Posted by Geo_1875 View Post
    This quote is hidden because you are ignoring this member. Show Quote
    But what are the odds that a bookie would lay your bet after the fact?
    Yes, exactly.


  9. #308
    Quote Originally Posted by Geo_1875 View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Very well explained and exactly as I understood it to be, only getting the number of teams in each draw wrong.

    Except your calculation is wrong by a factor of 2.

    Thank you - missed out the (1/2) in front of the (1/31) - apologies.

    Not easy trying type into tapatalk / Hibs.net.

    Possibly a case for an equation editor to be included in this discussion thread?


    Sent from my SM-T820 using Tapatalk

  10. #309
    Quote Originally Posted by Cardinal Hibernian View Post
    This quote is hidden because you are ignoring this member. Show Quote
    This indeed is the correct answer - one in 55 800.

    Working out is:-

    (1/2) x (1/15) x (1/2) x (1/15) x (1/2) x (1/31) = 1 / 55 800

    The half is required to set the home team each year and the '1 in 15' etc is the probability of the away team being picked.

    The general formula is:-

    (1/2)^k × (1/(n1 - 1)) x (1/(n2 -1)) x (1/n3 -1)) x ..... x (1/(nk-1))

    where k is the number of years and n1, n2, n3 ..., nk is the number of teams left in at each round in a given year.

    Who said mathematics / statistics was boring.






    Sent from my SM-T820 using Tapatalk


    Sent from my SM-T820 using Tapatalk

  11. #310
    Testimonial Due Geo_1875's Avatar
    Join Date
    Jan 2006
    Location
    In my Joy Division Oven Gloves
    Posts
    4,243
    Quote Originally Posted by Cardinal Hibernian View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Thank you - missed out the (1/2) in front of the (1/31) - apologies.

    Not easy trying type into tapatalk / Hibs.net.

    Possibly a case for an equation editor to be included in this discussion thread?


    Sent from my SM-T820 using Tapatalk
    Should just put a link to an odds checker in every "What are the chances...." post

  12. #311
    Testimonial Due Sioux's Avatar
    Join Date
    Dec 2005
    Location
    Edinburgh
    Posts
    1,693
    Back on track....

    We really shouldn't worry about the cup tie. The goons will have 3, 4 or 5 quality players in their side before then. We will lose. They will also be up to third or fourth behind Celtic and Aberdeen, qualifying for Europe. Money is not an issue. They are better off then they've been for years. Oh, and they're back at the dung heap.

    I think that's about it.

    Weapons grade knob ends!

  13. #312
    Testimonial Due SON OF PADDY's Avatar
    Join Date
    Nov 2006
    Location
    south east
    Age
    64
    Posts
    1,253
    Quote Originally Posted by SanFranHibs View Post
    This quote is hidden because you are ignoring this member. Show Quote
    I call their stadium the 'Minimum Wage' stadium. Doesn't get 20k.

    Brilliant 😂
    Hope you don't mind,but I'm having that.

  14. #313
    If we could get to ten in a row against them that would be a fabulous achievement; any statos know when we last managed that?

  15. #314
    Testimonial Due 1van Sprou7e's Avatar
    Join Date
    Jan 2013
    Location
    Doon Leith
    Posts
    2,915
    Quote Originally Posted by DickieDastardly View Post
    This quote is hidden because you are ignoring this member. Show Quote
    If we could get to ten in a row against them that would be a fabulous achievement; any statos know when we last managed that?
    1974-1978, 12 games undefeated

    Before the loss in 1973 we went 10 undefeated, starting in 1968 .

    1 defeat in 10 years, lets hope we can match that again
    Last edited by 1van Sprou7e; 21-11-2017 at 08:19 PM.

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
hibs.net ©2020 All Rights Reserved
- Mobile Leaderboard (320x50) - Leaderboard (728x90)