{"id":1083,"date":"2012-07-30T10:19:49","date_gmt":"2012-07-30T10:19:49","guid":{"rendered":"https:\/\/forumarchives.tmsites.net\/index.php\/2012\/07\/30\/match-play-or-free-bet-which-is-better\/"},"modified":"2012-07-30T10:19:49","modified_gmt":"2012-07-30T10:19:49","slug":"match-play-or-free-bet-which-is-better","status":"publish","type":"post","link":"https:\/\/forumarchives.tmsites.net\/index.php\/2012\/07\/30\/match-play-or-free-bet-which-is-better\/","title":{"rendered":"Match Play or Free Bet? Which is Better?"},"content":{"rendered":"


\nhttp:\/\/www.scoblete.com\/article\/would-y … ame=Gaming<\/a> Strategies<\/p>\n

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Replies:<\/h3>\n
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Posted by:<\/strong> Skinny on July 30, 2012, 10:05 pm<\/p>\n

Mr. Krigman states, "On the even-money bet, the $25 cash token is therefore worth as much as $50 match play."<\/p>\n

\tHaving read numerous articles by Mr. Krigman and thoroughly enjoying each and every single one of them, I am saddened to say this is one of the rare times that I tend to disagree with one of his points.<\/p>\n

\tYes, it is true that the expected value of the $50 match play coupon is the same as the expected value of the $25 cash token. Both have an expected value of $24.32.<\/p>\n

\tBut you can not get that value from the match play without risking $50 of your own cash. Since your cash has an expected value of $48.65, it costs you $1.35 of your own cash to get the EV of $24.32 with the match play. Whereas it cost you $0, nothing, nada of your own moolah to get the EV of $24.32 from the cash token.<\/p>\n

\tTherefore, it seems to me that on the even-money bet, the $25 cash token is worth more than the $50 match play.<\/p>\n

\tWhoops, I read his analysis too quickly. Upon further reading I see he did take into consideration the loss on your own cash. He was right, the two wagers are equivalent. My faith in Alan Krigman is restored and I stand corrected.<\/p>\n

\tCan one stand corrected if one corrects oneself? Or does someone else have to correct you for you to stand corrected? Maybe I sit corrected. Ahh, this is getting too complicated. OK, the correction is now noted. \ud83d\ude42<\/p><\/div>\n<\/div>\n

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Posted by:<\/strong> Finisher on July 30, 2012, 11:28 pm<\/p>\n

Skinny what about the free bet that stays up till you loose it ? So far I have only won once with it.
\n\tGood Rolling. \ud83d\ude00<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

http:\/\/www.scoblete.com\/article\/would-y … ame=Gaming Strategies Replies: Posted by: Skinny on July 30, 2012, 10:05 pm Mr. Krigman states, "On the even-money bet, the $25 cash token is therefore worth as much as $50 match play." Having read numerous articles by Mr….<\/p>\n","protected":false},"author":68,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-1083","post","type-post","status-publish","format-standard","hentry","category-craps"],"_links":{"self":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts\/1083","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/users\/68"}],"replies":[{"embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/comments?post=1083"}],"version-history":[{"count":0,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts\/1083\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/media?parent=1083"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/categories?post=1083"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/tags?post=1083"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}