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  1. #11
    Originally Posted by Don Perignom View Post
    Originally Posted by Half Smoke View Post
    in 2021 JohnZimbo won it going 71-36________66% winners__________30% r.o.i.
    I'd want to look at his reasoning, if available. Because this outcome can happen through ordinary chance.

    From a probability calculator:

    https://goodcalculators.com/coin-fli...ty-calculator/

    Name:  coin probs.png
Views: 1257
Size:  46.8 KB

    If my actual skill level is 55%, then my chance of achieving 66%+ in 100 trials is almost 2%.

    If I'm applying this correctly, then a 60-entrant contest should produce one 66%+ outcome despite everyone being only 55% skilled.

    If I'm totally unskilled (50%), then I'm only 0.1% to achieve 66%+. But a contest of >1000 unskilled entrants should produce at least one such outlier.

    it wasn't anywhere near a 60 entrant contest - there were 21 entrants in 2021

    you could try creating an account at WOV and sending a PM to Johnzimbo to get his reasoning - other than doing the picks he's not very active there



    how about figuring out the chance that one person could go 71-36 one year and 37-63 the next year__________(-:\_____________good luck with that - I know I couldn't do it


    .
    Last edited by Half Smoke; 04-19-2023 at 09:16 AM.
    the foolish sayings of a rich man often pass for words of wisdom by the fools around him

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