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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling

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To: peter_moreno who wrote (5917)10/27/2001 6:30:42 PM
From: Harvey Allen  Read Replies (2) of 6873
 
Peter that's helpful in calculating the odds for a pair as in being dealt a pair as your two hole cards which I calculate as 3 in 51 chances of your second hole card matching your first for a pair or once in every seventeen hands.

My original question was the odds of drawing one card to fill an inside straight with two cards to be dealt.

My calculation is that after two hole cards and a three card flop there is a 4 in 47 chance for the next card to fill and 4 in 46 for the second card to fill or eight chances in 93 cards filling an inside straight, a 1 in 11.16 chance. In which case I should fold with only 8 players unless I play like Bart.

rhodes.com

That's good enough for me until I get a books that spells it out.

I agree with you as far a lottories go. The states acting as the MM's of the investment world.

Harvey
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