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Discussion in 'Just Talk' started by Deleted member 33931, Mar 31, 2018.

  1. btiw2

    btiw2 Screwfix Select

    That was from memory, let’s work it out.
    There are 216 possible results (6x6x6).
    In 75 (5x5x3) you win a single
    In 15 (5x3) you win double
    In 1 you win treble
    So in 125 (216-[75+15+1]) you lose.
    You expect to gain (75x1)+(15x2)+(1x3)=108
    Net loss =125-108=17
    Percentage = 17/216 = 7.87%

    My memory was wrong. I thought it was between 5-6%, it’s closer to 8%.
     
  2. btiw2

    btiw2 Screwfix Select

    This got competitive quickly. I think you deserve a house point DA.
     
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  3. Jord86

    Jord86 Screwfix Select

    A teacher, mathematician and carpenter log on to the Screwfix Forum (just to check it's working) for an evening of Bayes Theories and....... Wait, let's not even go there, this could turn ugly faster than Dev can type the word 'rony!
     
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  4. btiw2

    btiw2 Screwfix Select

    I wish.

    No, I’m just someone who was educated beyond my intellect.
     
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  5. Jord86

    Jord86 Screwfix Select


    Well if you've honed your skills on the basics in childhood economics by plundering your classmates dinner money, I'lll assume you've done okay for yourself as an adult :)
     
  6. btiw2

    btiw2 Screwfix Select

    It turned out that taking money from statistically impaired children wasn’t a terribly transferable skill.

    I had to fall back on my charm, wit and general affability.

    Spare any change?
     
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  7. btiw2

    btiw2 Screwfix Select

    Book update for DA.
    • Dogs of war. Started well, then took itself too seriously. Fun at the start. Genetically engineered humanoid dogs (with guns) who show complete loyalty to genocidal masters - it was always going to be fun. It should have been a short story. As a novel if had to be put out of its misery at the end.
    • Letters to a young Muslim. Fed up with non-Muslims telling you what Muslims think? Read this. A unique insight on what a Muslim thinks about the Islamic world. Touching, honest, insightful and not a little naive. I’ll read this again. A page turner.
    • Eleanor Oliphant is completely fine. TBH I picked this at random. It was everything I usually avoid. A best seller chick lit?! Perhaps I picked it to be contrary. I expected “Bridget Jones” (not that I’ve read it) - I got “wasp factory” (fantastic) mixed with “the curious case of the dog in the night-time”. The first half was engaging and funny, but for the last quarter the author was just phoning it in.
     
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  9. dwlondon

    dwlondon Active Member

    In this forecast the punter never wins anything.
     
  10. btiw2

    btiw2 Screwfix Select

    You’re right. That’s why betting on every number would be bad.
    It’s illustrates the problem by taking the chance out of it. It’s a useful shortcut for testing gambling games.

    Just as you can win on roulette when you bet on a single number (although the odds are against you), but if you bet on every number you’d always lose.
     

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