💬 General Chat 💬

I thought it was only me you spoke to like that

rake is 10% in the exec leagues so $40 of your $400. if you are assuming normal distribution of equity you are approx .7% to win multiple leagues if you enter 2. Obviously that goes up with more entries into exec leagues.

the risk of overlap is fairly low, and if you do "win" 2 leagues that means your ROI was so high you probably won't even notice the lost revenue

Cumulative probability: P(X>1) 0.0372

all you have to do is substitude the number of leagues you are in for the number of trials

Those numbers aren't entirely accurate

you are my true love strawberry

for the sake of a ballpark i think it's fine

If you're me it's probably less

yeah that's why i chose just random equity

let me do yours

Cumulative probability: P(X>1) 0

ouch bro

Lmao

even dusty's is very low

Cumulative probability: P(X>1) 0.0968

but anyway

you are talking about a 2% chance to lose $480

which is the equivalent of ~$10 in unrealized equity @SauciestNugs

aka a 2.5% rake on $400 compared to the 10% tariffs

plus you also have to consider there's a finite number of $200+ leagues

and dusty is in every one he can find

I was in 5? Execs last year & won zero. Probably my worst leagues. Placed in a couple so not a complete loss but was better off in regular Costco leagues.