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# Odds or Probability?

Topic closed. 3 replies. Last post 3 years ago by adobea78.

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United States
Member #116344
September 8, 2011
3928 Posts
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 Posted: September 23, 2013, 1:33 pm - IP Logged

Relation between odds and probability may help in your waging for eventual Prize  R A T I O. See these  Triads for selected states:

Ark>383x-387x-x837-817x-816x-x176

CT>136x-133x-x363-393x-394x-x934

FL>630x-639x-x309-399x-398x-x998

United States
Member #116344
September 8, 2011
3928 Posts
Offline
 Posted: September 25, 2013, 3:33 pm - IP Logged

Relation between odds and probability may help in your waging for eventual Prize  R A T I O. See these  Triads for selected states:

Ark>383x-387x-x837-817x-816x-x176

CT>136x-133x-x363-393x-394x-x934

FL>630x-639x-x309-399x-398x-x998

Odds is defined as rate of success or failure of a method, ideal  or concept, use these systems as Base  for your picks.  I deem a 20%  ratio for P4 as a success(effective Prize ratio to chosen Time frame). I chose odds over probability because is less stressful, helps my waging strategy. With odds I have control over my pick selection, the only thing that matters is a) Base line, b) time Frame, and targeted prize  R A T I O.

Good Luck to all  NEW LP MEMBERS.

mid-Ohio
United States
Member #9
March 24, 2001
19830 Posts
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 Posted: September 25, 2013, 4:15 pm - IP Logged

Odds is defined as rate of success or failure of a method, ideal  or concept, use these systems as Base  for your picks.  I deem a 20%  ratio for P4 as a success(effective Prize ratio to chosen Time frame). I chose odds over probability because is less stressful, helps my waging strategy. With odds I have control over my pick selection, the only thing that matters is a) Base line, b) time Frame, and targeted prize  R A T I O.

Good Luck to all  NEW LP MEMBERS.

"Odds is defined as rate of success or failure of a method, ideal  or concept"

Where did you get that definition?  Sounds like something you just made up.

* you don't need to buy more tickets, just buy a winning ticket *

United States
Member #116344
September 8, 2011
3928 Posts
Offline
 Posted: September 25, 2013, 5:36 pm - IP Logged

"Odds is defined as rate of success or failure of a method, ideal  or concept"

Where did you get that definition?  Sounds like something you just made up.

Yeah, try picking  a red  marble from a total of  four marbles(red,blue, yellow and green), what are the odds for or against picking a red marble?, what  is the the chance/probability of picking a red Marble? I do apply the same ideal in my work out.  I slice the  total  pool (0-9)(called it probability, which in itself a fluid concept left to interpretation) into segments(call it subsetting, section...etc), these segments are my odds. So in the above marble scenerio, I can slice my pool into 3 or 4 sections. The odds each section will be 1 against 3 (for 4 sections) against probability of a section which is 1/4. Now , am aware of classical definition of probability for total distribution(am not concerned) and ensued debates, I choose take a different approach.  Google 'odds slang for probability?' and  ' odds and probability relation'. Check this link    http://www.collectionscanada.gc.ca/obj/s4/f2/dsk3/OWTU/TC-OWTU-428.pdf  , and you may understand my assumption('sounds like something you just made up'). I assume the event is random, so historical data is not my concerned, am only focus on the  Pool(sectors)- the odds are better than probability from my point of view.

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