Blue Racer
congrats! Haven't had very good luck with the racers yet myself
Forum Discussion
00becker wrote:4junk3000 wrote:
So i got a hot tip on a race!
But i can't tell if the tip is always bet the longshot or always bet the Blue Racer!
For the Go Karts, it's always bet on the longshot. The payout for the 49-1 odds here are 10 times what they should be (probably a misplaced zero in the coding and it might be 'fixed' later, but as long as the payout is $2,500,000 it's the best deal by far).
Maths:
2-1 odds: Win one in three games. Pay $15,000 ($5,000 x 3) and receive $15,000. Profit $0.
9-1 odds: Win one in ten games. Pay $50,000 ($5,000 x 10) and receive $50,000. Profit $0.
19-1 odds: Win one in 20 games. Pay $100,000 ($5,000 x 20) and receive $100,000. Profit $0.
49-1 odds: Win one in 50 games. Pay $250,000 ($5,000 x 50) and receive $2,500,000. Profit $2,250,000.
On the other hand, at Springfield Downs it's irrelevant which odds you pick. Over the long term you'll end up with exactly the same payout - it's a break-even game. You've got two possible strategies: treat it like a real-life change jar (most of us won't miss $2000 here and there and the payout is sweet when it happens) or play for the XP.
Maths:
2-1 odds: Win one in three games. Pay $6,000 ($2,000 x 3) and receive $6,000. Profit $0.
5-1 odds: Win one in six games. Pay $12,000 ($2,000 x 6) and receive $12,000. Profit $0.
9-1 odds: Win one in ten games. Pay $20,000 ($2,000 x 10) and receive $20,000. Profit $0.
19-1 odds: Win one in 20 games. Pay $40,000 ($2,000 x 20) and receive $40,000. Profit $0.
99-1 odds: Win one in 100 games. Pay $200,000 ($2,000 x 100) and receive $200,000. Profit $0.
XP return:
2-1 odds: Win one in three games. XP payout for win: 75, XP payout for loss: 50 (x2). Average XP return: 58.3.
5-1 odds: Win one in six games. XP payout for win: 100, XP payout for loss: 50 (x 5). Average XP return: 58.3.
9-1 odds: Win one in ten games. XP payout for win: 150, XP payout for loss: 50 (x 9). Average XP return: 60.
19-1 odds: Win one in 20 games. XP payout for win: 250, XP payout for loss: 50 (x 19). Average XP return: 60.
99-1 odds: Win one in 100 games. XP payout for win: 500, XP payout for loss: 50 (x 99). Average XP return: 54.5.
You're Maths is so cool Becker, I LOVE Maths, and now I think I might love you! <3 : wink :
Maybe we should find a way of stickying this to the front page, so everyone can see it. There are bound to be new players who won't see it, or people who simply forget, so I think there's merit ther?
