Bridge jumper on Zenyatta

[dalakhani]

Originally Posted by Bobby Fischer

terrible value / tempting gamble

say the horse has a 90% chance to show
hit% = 90
payout = $2.10
Value = .95 (lose 5cents on the dollar over infinite # wagers)

a fair 3-1 shot going off at 6.5-1 offers TWICE the value
hit% = 25
payout = $15.00
value = 1.88

Bridge Jumping is a losing long term investment.


However you do have a 90% chance of getting 5% interest on your money.
For some that would be a tempting Gamble.

And i dont disagree with the math at all IF the horse ONLY had a 90% chance to show. See the point?

There are given scenarios where the horse is much better than 90%. Of course, this is subjective.