hi Philo,
I have not had the chance to finish your entire post yet.[img]i/expressions/face-icon-small-smile.gif[/img]
But early on, I think it is a mistake to assume the likelihood is 50% for each decision,
if a book is slow paying it stands to reason their lines are weak, it seems ultimately a disproportionate amount of your success will be at the bad book and that is why it is bad to begin with.
if the argument goes it's close enough to 50% to bail out, because X is better then zero, the problem is the more desparate the bad book gets, the greater chance that will be your winning side.
TA
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In 1998 the Department of Justice brought charges under the Wire Act against 22 American citizens involved in managing foreign-based sites. "You can’t hide online," Janet Reno, the attorney-general, warned Internet betting operators, "and you can’t hide offshore."
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