RBOA: Las Vegas Grand Prix Bets \ stacker news ~Stacker

We finally have an event other than soccer!

Freebitcoin is taking wagers on the Las Vegas Grand Prix.

Here's how to optimally allocate a hypothetical 2k sats on this event (according to RBOA):

Enjoy your winnings

Twist my arm. I have nothing else to do with my sats on there. I am going to allocate 2k sats as defined by this nice chart.

This means I wager sats on each of them for a definite win?

No, it's still only an expected win. In a perimutual betting pool there are no guarantees, because the odds are not fixed.

Technically, just betting on any one driver has a positive expected return, but this approach balances out the downside risks.

Thanks. I'm gonna allocate exactly the same as your chart.

You left a couple guys off here so I threw 1 sat at each of them as well for fun.

Throwing sats away by not following the method. Those two guys are not in the competition.

Haha. Uh oh. Two sats lost forever.

There are two drivers who were left off. If either of them win, it might be a push and you'll get your sats back.