Dutching: a bit about the maths of
I haven't been able to decide how to approach the question of the algebra behind Dutching (and don't want to look it up on google, on Wikipedia, or on YouTube) but it seems to work best when:
- There are two or three close favourites;
- The odds are fairly decent.
With yesterday's Masters, the three overnight leaders were approximately 2:1; 3:1; 4:1; hence I suspected it could be Dutched, even including Tiger, at 6:1.
The actual maths was:
Which ties in with the app's calculations, as it of course should:
Not being a bettor, I don't know whether Dutching has any appeal in practice. If you are a golf fan, would you rather get £667 on a £200 bet if Adam Scott wins; or even more on the same stake if Angel had won; and nothing if your player lost; or would you rather have a 'guaranteed' £78.
Question to golfing fans: how often does one of the three overnight leaders not win the Masters?
Posted with Blogsy
allanbeardsworth 