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srtjstjsj
on Oct 23, 2020
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Electoral College Decision Tree
That's not how gambling works. You don't "bet the farm" on a single 87% chance event to win 1.5 farms.
gifnamething
on Oct 23, 2020
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That is how betting works when you hedge.
anonymoushn
on Oct 24, 2020
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How are you planning to hedge this?
gifnamething
on Oct 24, 2020
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Uh, bet on the other guy
anonymoushn
on Oct 24, 2020
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At most (all?) venues, betting on both guys is worse than not betting on either guy. So this sounds like a bad plan.
anonymoushn
on Oct 24, 2020
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The Kelly criterion says you bet 61% of the farm in this situation.
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