Quote:
Originally Posted by formula_2002
I may have mentioned to Crist about one item I read in his many writings for the Times. "1/(odds+1)". It changed my perception of the GAME. I hope it helps yours.
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Hey Formula.....
Explain to me/us why this changed your perspective....
I know its suppose to be better than ROI.....
But ROI is exactly what your getting that "1/(odds+1)" is just a theory
EX:
Say you have a factor that give you a 1.06 ROI but "1/(odds+1)" give you a .90....Do you abandum that because its destined to fail in theory?
And on the other hand...
Say you have a .89 factor but "1/(odds+1)" gives you a +1.03...
So you continue to hang in till it assumes its positive probable outcome???
thxs
Mike
