Quote:
Originally Posted by SwoopAE
Also if you're betting 8 units a game why not divide that by 8 and call it one unit, which would make your 333.33 downswing number 41 units and change
The reason it is 8 unit is because the tipster that I use 1 to 10 unit scale where each unit is .3% making the max bet 3% if its a 10 unit bet. Majority of the plays are 8 units. But when there are big odd games, the bet drops to lower units.
I don't think calling it 8 unit or 1 unit matters since each unit has an assigned % relative to bankroll. So the probability would still be the same (if calculatable) regardless of the label of 8 unit or 1 unit.
My probability question is just for curiosity purpose. I know that kind of draw back is rare but anything is possible and was curious about the mathematics behind it.