Thursday, March 11, 2010
Betting with NJ professor
Here are his results:
Year Winnings$ Games $ per game
Total 5583 4491 1.24
2009 -680 372 (1.83)
2008 846 371 2.28
2007 -224 290 (0.77)
2006 2412 360 6.70
2005 -1461 438 (3.34)
2004 379 528 0.72
2003 1176 390 3.02
2002 105 605 0.17
2001 3030 1137 2.66
Can you interpret that for me? Does this mean that he bets 100$ on each game? And that his average winnings is $1.24 per game? So he made over 5000$ betting on 4000 games? Am I reading that right?


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