Higher Grade Punter Question for the week...

Any of you know what this is? Explain it if you do.

E(x) = Odds x P(W) - P(L)

Ld pls tell me whats a higher grade punter, amount of money spent? Underatanding
Form? ?Inside info?

It's a tongue in cheek term I've come up with. In days gone bye in high school in South Africa, the highest grade one could take a subject was on higher grade, then there was standard grade and lower grade. At the very bottom of maths I think there was even a functional grade too. So a higher grade punter to me is not a recreational punter. Someone who is interested in gambling theory and knows the difference between an overlay and an underlay qualifies

I see

Edge....

Actually this is Einstein's Theory of Relativity as applies to pirhobeta....the more I bet...the more I lose....

Lucky_Dude Wrote:

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> Any of you know what this is? Explain it if you
> do.
>
> E(x) = Odds x P(W) - P(L)


My guess is that this is a formula.One to gauge a cycle of a particular odds success
The basis of which must be had through a study of prevalent odds over a determined period ?

Bayern's theory? Odds multiplied by the probability of winning less the probability of losing? But not sure what the intended answer is?

Without hijacking your thread try this one: www.thatquiz.org/tq/previewtest?W/Q/W/Q/76391315494918

which is also earmarked for my bookie mate