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Explaination of Match Play Coupon and "Free" Money Odds

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Explaination of Match Play Coupon and "Free" Money Odds

Old 01-27-08, 05:04 AM
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Explaination of Match Play Coupon and "Free" Money Odds

Match-play coupons are mathematically equivalent to loss rebates. Say we bet Banker. We'd win $20 (less a standard $1 commission). When we lose, we lose $20, and then get "rebated" $10, implemented via the coupon. The net loss is only $10 of our own money. In Beyond Counting, we learned that loss rebates are like financial options, and variance is good for options......
http://www.blackjackforumonline.com/...ouponsbjfo.pdf

-p
Old 01-27-08, 01:45 PM
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I'm not sure what the point of this thread is. Match play coupons are obvious.

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