Let’s assume that FCB is so dominant that it only loses 5% of its home games, regardless of the opponent, and gets at least a draw 95% of the time. Then the probability of Munich losing a game in the league at some point during the entire season is exactly 58.19% (calculation: 1 – 0.95^17). […]
Category: Betting
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Betting on the Apocalypse: Doomsday Pools & Other Bizarre Wagers
Although it may sound like something from a dystopian science fiction book, placing bets on the end of the world is really rather common. There is a rising subculture of folks who are placing their money where their nightmares are, whether it be on the end of the world, alien contact, or the emergence of […]