Question
the soccer world cup is happening later this fall. during the tournament, 64 games will be played and I plan to place bets in all
the soccer world cup is happening later this fall. during the tournament, 64 games will be played and I plan to place bets in all of them. each bet is handicapped by a goal spread so that the probability I win any individual bet is 50%.
Every win gets me $100 and every loss costs $105 as I need to pay a fee for the betting company.
What is the standard deviation of my winnings?
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Directed Algebraic Topology And Concurrency
Authors: Lisbeth Fajstrup, Eric Goubault, Emmanuel Haucourt, Samuel Mimram, Martin Raussen
1st Edition
3319153986, 9783319153988
