Risk reward ratio

[Archangel]

If you choose option c on both the scenario you have no value your value is 0, there is a reason behind it.

https://youtu.be/vBX-KulgJ1o

This is a psychological experiment around risk and peoples attitudes to it. Even when most people are offered an edge they will not take the bet becasue they fear to lose.

I am still not sure what your example has to do with that

[azfyazfy]

I think it's not about trading or punting it's all about value. So if you don't get value your short term results will be random distribution but in long term you going to loose. It's a fact.

Value depends on who's playing, not simply the odds. You can't tell what's value from your scenario.

Right now I am not able to explain some how but i know the answer

[azfyazfy]

If you choose option c on both the scenario you have no value your value is 0, there is a reason behind it.

https://youtu.be/vBX-KulgJ1o

This is a psychological experiment around risk and peoples attitudes to it. Even when most people are offered an edge they will not take the bet becasue they fear to lose.

I am still not sure what your example has to do with that

Same thing happening hear people are not able to choose

[Derek27]

I think it's not about trading or punting it's all about value. So if you don't get value your short term results will be random distribution but in long term you going to loose. It's a fact.

Value depends on who's playing, not simply the odds. You can't tell what's value from your scenario.

Right now I am not able to explain some how but i know the answer

In the video he's tossing a coin and you know it's a 50% chance of winning. It's not applicable to a sporting event.

Scenario 2
Suppose you back team A 500000 at 1.5 odds and now it's available to be lay at 1.36
So you now left with these 3 options

Option A
Team A: +73530
Team B: -14706

Option B
Team A: -83334
Team B: +416669

Option C
Team A: +50000
Team B: +50000

If it was a football match, team A is France and team B is Monaco, option A would be value. Swing the teams around and option B is value.

[azfyazfy]

Value depends on who's playing, not simply the odds. You can't tell what's value from your scenario.

Right now I am not able to explain some how but i know the answer

In the video he's tossing a coin and you know it's a 50% chance of winning. It's not applicable to a sporting event.

Scenario 2
Suppose you back team A 500000 at 1.5 odds and now it's available to be lay at 1.36
So you now left with these 3 options

Option A
Team A: +73530
Team B: -14706

Option B
Team A: -83334
Team B: +416669

Option C
Team A: +50000
Team B: +50000

If it was a football match, team A is France and team B is Monaco, option A would be value. Swing the teams around and option B is value.

It's always you vs you, in gambling or trading you are playing against yourself you create your own scenario and in that scenario you create your own value and how many times you win when you are right and much money you make when you are right and how many times you loose when you are wrong and how much money you loss when you are wrong. Doing Trading or gambling always think in long term.

[Derek27]

...how many times you win when you are right and much money you make when you are right and how many times you loose when you are wrong and how much money you loss when you are wrong. Doing Trading or gambling always think in long term.

That's fairly obvious, all experienced gamblers and traders will understand that. I was just saying the examples you gave don't help to illustrate that point.

[azfyazfy]

...how many times you win when you are right and much money you make when you are right and how many times you loose when you are wrong and how much money you loss when you are wrong. Doing Trading or gambling always think in long term.

That's fairly obvious, all experienced gamblers and traders will understand that. I was just saying the examples you gave don't help to illustrate that point.

Ok think of your self in both the situation and what you going to choose on long term point of view

[Derek27]

...how many times you win when you are right and much money you make when you are right and how many times you loose when you are wrong and how much money you loss when you are wrong. Doing Trading or gambling always think in long term.

That's fairly obvious, all experienced gamblers and traders will understand that. I was just saying the examples you gave don't help to illustrate that point.

Ok think of your self in both the situation and what you going to choose on long term point of view

I've already explained, it depends on the individual match. Sometimes team A will be the value, sometimes it will be team B. It all depends what you think their true chances are, which is why the scenario is a poor example to explain value.

[azfyazfy]

That's fairly obvious, all experienced gamblers and traders will understand that. I was just saying the examples you gave don't help to illustrate that point.

Ok think of your self in both the situation and what you going to choose on long term point of view

I've already explained, it depends on the individual match. Sometimes team A will be the value, sometimes it will be team B. It all depends what you think their true chances are, which is why the scenario is a poor example to explain value.

I just want to say both the scenario and it's all options are real

[Derek27]

Ok think of your self in both the situation and what you going to choose on long term point of view

I've already explained, it depends on the individual match. Sometimes team A will be the value, sometimes it will be team B. It all depends what you think their true chances are, which is why the scenario is a poor example to explain value.

I just want to say both the scenario and it's all options are real

They're not real. There's no such team as team A and team B.

[azfyazfy]

I've already explained, it depends on the individual match. Sometimes team A will be the value, sometimes it will be team B. It all depends what you think their true chances are, which is why the scenario is a poor example to explain value.

I just want to say both the scenario and it's all options are real

They're not real. There's no such team as team A and team B.

Forget about the team name and it's amount but some day you may face this situation with different team and different amount but with same odds then you will realise what I mean

[Derek27]

I just want to say both the scenario and it's all options are real

They're not real. There's no such team as team A and team B.

Forget about the team name and it's amount but some day you may face this situation with different team and different amount but with same odds then you will realise what I mean

Some day??? I face that situation about 20 times a day - it's part of trading!

What I'm trying to explain is that there is no correct answer that's applicable to every situation. Whether you green-up, red-up, take a free bet or take a gamble depends on the particular situation. You're not taking into account the actual probabilities of each team, which will vary from one market to another.

[decomez6]

any commision on winnings ?.

given a 50/50 chance with an unlimited number of chances . Timing and stake sizes will seperate winner from looser...
with an unlimited bank , one could use the same stake size and keep on betting until the bell curves in your favour.... even better if you are betting at a crossover point

[Kai]

Forget about the team name and it's amount but some day you may face this situation with different team and different amount but with same odds then you will realise what I mean

People might realize what you mean sooner if you bothered to post more than a one-liner at a time. You're taking 2 full pages to get 1 point across.

There's brevity, and then there's underwriting.

[Derek27]

If anybody have any confusion regarding this askIMG_20221002_044733.jpg

I've taken the liberty to look back at some of your posts.

This is all very basic stuff and information (discovered hundreds of years ago) that even newbies will be aware of when they start trading. You're underestimating the knowledge and experience of people on this forum.

By the way, this shouldn't be in the cricket section.