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from what i learned with statistics in college, was that to get the probability of getting two consecutive correct outcomes, you multiply the first probability by the second probability and so on.
lets say you have 30% chance in each leg of the pik three: that is .3 X .3 X .3
which comes out to a .027 chance of winning . i really can't see myself getting involved in such a proposition, not to mention the size of the bankroll i would need to avoid risk of ruin.
i might add that the bettor also does not know the probable payoff if he hits, in the pik 3. or pik 4. unlike the daily double. he is betting blind into the pools, not a wise way to gamble, being unknowing of ones reward to risk taken.
Last edited by acorn54; 05-27-2016 at 04:59 PM.
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