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re: Man who won a million on Tiger winning Masters makes another huge bet on Grand Slam

Posted on 5/10/19 at 12:15 pm to
Posted by slackster
Houston
Member since Mar 2009
86994 posts
Posted on 5/10/19 at 12:15 pm to
quote:

The other side to this isn’t just what vegas is offering as odds. It’s what are the chances Tiger actually pulls this off?

Certainly less than 1%.


Tiger has won 15 of 73 Major starts as a professional. Let's drop the 4 starts he made in 2014-2015 since his health was obviously an issue and he's healthy now, which is 15/69 - or 21% of his major starts, when healthy.

21% cubed is 1.03%. That's pretty incredible, and obviously best case scenario, but even 15/73 winning percentage cubed would be .87%, which isn't too far off.

On the surface this bet seems absolutely asinine, but betting him straight up each major and looking at his career winning percentage actually suggest it's not as outlandish as it seems. Nonetheless, there obviously is an advantage for the house.
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