Our Terms of Use and Privacy Policy have changed. We think you'll like them better this way.

006 - Streaks and Gambler's Ruin

  • Broadcast in Sports
Dave Schwartz Horse Handicapping

Dave Schwartz Horse Handicapping

×  

Follow This Show

If you liked this show, you should follow Dave Schwartz Horse Handicapping.
h:645207
s:5963943
archived
Play
  • Host

Dave Schwartz, The Horse Handicapping Authority, discusses the impact of winning and losing streaks. Also discussed is the Gambler's Ruin Problem.

Gambler's Ruin

  • What are the chances of going broke with a small advantage?
  • What are the chances of winning with a small disadvantage?

Streaks and Betting Strategies

  • Who is the house?
  • Only Three Choices
  • Implications of each
  • Who says you can win without a mathematical edge?

 

 

Facebook comments

Available when logged-in to Facebook and if Targeting Cookies are enabled