Money to Burn

[bhood1776]

I thought they were both putting in 2.5 to make 5 mil???

No the loser pays the winner 5 mil. Unless one ends up buying the other out before it's completed.

 

[HomeBrewer]

swrittenb I just took my stat test on Bayes' Formula, and all of your assumptions seem reasonable. I would say that this is pretty sound math. You can obviously make some different assumptions, which would change the outcome, but I think all in all you did a fine job. Glad you did it because I was about to try as well.

Now all you need to do is draw the Venn Diagram

 

[akaCLINT]

If for nothing else, this sidebet is going to make him do it..., goooo Ivey!

 

[Mortis]

Ivey just won his 8th bracelet last night in Event #37 $3,000 HORSE tournament... has 1 more to go to win this challenge.. and he's not even halfway there, yet.

I think he's going to do it.

 

[wntrlnd]

Howard has got be be very nervous now.

I wonder how much Ivey will charge him to get out of the bet.

$1 million seems fair.

 

[Weregoat]

65C0 * x^0 * (1 - x)^65 = 0.2534

Congratulations. You have just convinced me to think twice, then three times, then again before ever taking a statistics class.

Can you tell me the probability I will take a statistics class if I have to think about it four times?

 

[buzzmania]

wow ,it seems to be a no brainer but you never know and alot of games left.

 

[DennisC98]

Ivey won a bracelet and he said he's now in the lead WTG Ivey

Take there money LOL

 

[Misofer]

Phil Ivey will win this bet, he has a bracelet already, I think I player of his level can accomplish getting two.

 

[sportserh]

I think ivey will do it. 2 bracelets can and will be achieved. Good luck Ivey!

 

[The PoolBoy]

class probability = 2

slim and none

Congratulations. You have just convinced me to think twice, then three times, then again before ever taking a statistics class.

Can you tell me the probability I will take a statistics class if I have to think about it four times?