Posted on 10/15/2015 5:26:31 PM PDT by dynachrome
Good question. I don't think we have enough information.
For instance, what's the distribution of wagering among the players? It could be that 17% of the players wager 90% of the total take, in which case you would expect to see winnings, in dollar terms, distributed similarly.
Promo code: UHOH
On a one-time event, like your lottery, you would be correct. But this record is over 162 events in a baseball season and 17 events in an NFL season.
Would't you agree that a random distribution over 162 events would not result in 17% of the participants winning 90% of the money?
The only way that could happen is if those 17% were more skilled players. Or they were cheating -- and I don't see how you'd do that.
I see another exercise equipment accident in Harry’s near future.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.