<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by Buck Fush:
It is a fallacy to say that "team A has a 58% chance of covering". Team A either has a 100% or a 0% chance of covering. The decision on which side to bet on is an either/or (or neither) decision. If you think Team A will cover then you bet on them. If you think Team B will cover you bet on them. All "the numbers" do is confuse you.<HR></BLOCKQUOTE>
If you flip a coin once, does it have a 100% or 0% chance of comin up? If you roll a die once, does a 6 have a 100% or 0% chance of coming up?
If you know when a team has 100% chance of covering, please let us all know. Otherwise, we'll all have to deal with the old fallacy of estimating a team's chances of covering, usually in the 50-55% range.
It is a fallacy to say that "team A has a 58% chance of covering". Team A either has a 100% or a 0% chance of covering. The decision on which side to bet on is an either/or (or neither) decision. If you think Team A will cover then you bet on them. If you think Team B will cover you bet on them. All "the numbers" do is confuse you.<HR></BLOCKQUOTE>
If you flip a coin once, does it have a 100% or 0% chance of comin up? If you roll a die once, does a 6 have a 100% or 0% chance of coming up?
If you know when a team has 100% chance of covering, please let us all know. Otherwise, we'll all have to deal with the old fallacy of estimating a team's chances of covering, usually in the 50-55% range.