Use your skill and judgement thuswise.
Write down each team and the highest and lowest place you think they could realistically attain. For example your like might go:
Chelsea: 1 5
Stoke: 11 20
Norwich: 1 1
and so on.
Then in a third column, subtract the smaller number from the larger and add one. Your table now looks like:
Chelsea: 1 5 - 5
Stoke: 11 20 - 10
Norwich: 1 1 - 1
Now multiply together all twenty numbers in the third column and that number to one is the odds against you getting it right, assuming every single one of your ranges is correct. The tighter your ranges, the smaller the odds you face, but the more important that the assumption that you are 100% correct in your judgement.
The Lottery has significantly better odds. Very significantly.
Posted By: Old Man on July 29th 2015 at 12:40:15
Message Thread
- Any maths pens able to tell me how many realistic permutations there are of final prem (Other Football) - Adster, Jul 29, 12:15:48
- Use your skill and judgement thuswise. (Other Football) - Old Man, Jul 29, 12:40:15
- That's the sort of thing I wanted, thanks. (Other Football) - Adster, Jul 29, 12:49:40
- How much of the ?50 mil prize money will Old Man get? (n/m) (Other Football) - essexcanaryOTBC, Jul 29, 12:50:32
- Probably none, have you seen the odds!? (n/m) (Other Football) - Adster, Jul 29, 12:53:23
- Nope (Other Football) - essexcanaryOTBC, Jul 29, 12:59:32
- Probably none, have you seen the odds!? (n/m) (Other Football) - Adster, Jul 29, 12:53:23
- How much of the ?50 mil prize money will Old Man get? (n/m) (Other Football) - essexcanaryOTBC, Jul 29, 12:50:32
- Incidentally if a man in his 40s does the Lottery (Other Football) - Old Man, Jul 29, 12:41:50
- That's the sort of thing I wanted, thanks. (Other Football) - Adster, Jul 29, 12:49:40
- 20! (factorial) or 2.432902e+18 (Other Football) - essexcanaryOTBC, Jul 29, 12:32:59
- The odds are clearly much less than this though..... (Other Football) - usacanary, Jul 29, 13:22:16
- ... (Other Football) - Adster, Jul 29, 12:34:33
- Assign odds to all of the teams and then someone will calculate it for you (Other Football) - essexcanaryOTBC, Jul 29, 12:35:51
- 20x19x18x17x16x15x14x13 etc down to 1 (n/m) (Other Football) - Pit, Jul 29, 12:28:56
- Yeah but by realistic I meant taking into account the fact that only 4 or 5 teams at most (Other Football) - Adster, Jul 29, 12:31:29
- I wouldnt bother tbh. The risk is too high and you wont have the capital to fund it. (Other Football) - Pit, Jul 29, 12:35:32
- I'm not gonna do it I was just interested in whether it will be (Other Football) - Adster, Jul 29, 12:44:59
- Your wish is my command..... (Other Football) - usacanary, Jul 29, 13:27:31
- Very good motives indeed. Just need WALKER to pitch in with some comments. (n/m) (Other Football) - Pit, Jul 29, 12:49:54
- I miss his Wankervision.........PS... I thought MW is AB (n/m) (Other Football) - usacanary, Jul 29, 13:29:02
- I am not sure who MW is tbh. AB is certified. (n/m) (Other Football) - Pit, Jul 29, 13:48:40
- I miss his Wankervision.........PS... I thought MW is AB (n/m) (Other Football) - usacanary, Jul 29, 13:29:02
- I'm not gonna do it I was just interested in whether it will be (Other Football) - Adster, Jul 29, 12:44:59
- I wouldnt bother tbh. The risk is too high and you wont have the capital to fund it. (Other Football) - Pit, Jul 29, 12:35:32
- Yeah but by realistic I meant taking into account the fact that only 4 or 5 teams at most (Other Football) - Adster, Jul 29, 12:31:29
- Short answer: a lot fucking more than 50m. (Other Football) - Arizona Bay, Jul 29, 12:17:02
- OK. This is a bit crude, but ... (Other Football) - Arizona Bay, Jul 29, 12:42:35
- Bloody nora (n/m) (Other Football) - Adster, Jul 29, 12:52:43
- Bookies/Bicycles. (Other Football) - Arizona Bay, Jul 29, 12:57:03
- I can reduce that issue down to my saturday afternoons. (Other Football) - Pit, Jul 29, 13:03:33
- Bookies/Bicycles. (Other Football) - Arizona Bay, Jul 29, 12:57:03
- 2.4 million million million (rounded to the nearest one hundred thousand million million) (n/m) (Other Football) - essexcanaryOTBC, Jul 29, 12:45:43
- Bloody nora (n/m) (Other Football) - Adster, Jul 29, 12:52:43
- OK. This is a bit crude, but ... (Other Football) - Arizona Bay, Jul 29, 12:42:35
- Use your skill and judgement thuswise. (Other Football) - Old Man, Jul 29, 12:40:15
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