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Posted By Topic: Yvonne Lim recounts how she thought she will go before SLG       - Views: 141
Fahrenheit
04-Apr 2024 Thursday 2:42 PM (30 days ago)
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"Margin of Safety" as the Central Concept of Betting
A team's past ability to create quality chances is the expected number of goals that they should have produced. The expected number of goals in excess of the actual number of goals constitutes the "margin of safety". The margin is counted on to cushion the bettor against discomfiture in the event of a performance decline in the upcoming fixture. The soccer bettor does not expect the upcoming fixture to work out the same as in the past. If he were sure of that, the safety margin demanded might be small. The function of a safety margin is, in essence, that of rendering unnecessary an accurate estimate of the team's winning probability in the upcoming fixture. If the safety margin is sufficiently large, then it is enough to assume that the team's upcoming performance will not fall far below their expected goals in order for the bettor to feel sufficiently cushioned against bad luck. The safety margin is always dependent on the odds that the bettor accepts from the bookie. It will be large in certain odds, small at some lower odds, and negative when the odds is too low. However, even with a safety margin in the bettor's favour, he may lose his bet. For the margin guarantees only that he has a better chance of winning - not that loss is impossible. 
Theory of Diversification
There is a close logical connection between the concept of safety margin and the principle of diversification. One is correlative with the other. Even with a margin in the bettor’s favor, an individual bet may work out badly. But as the number of such commitments is increased the more certain does it become that the aggregate of the profits will exceed the aggregate of the losses. This point may be made more colorful by a reference to the arithmetic of roulette. If a man bets $1 on a single number, he is paid $35 profit when he wins—but the chances are 37 to 1 that he will lose. He has a “negative margin of safety.” In his case diversification is foolish. The more numbers he bets on, the smaller his chance of ending with a profit. If he regularly bets $1 on every number (including 0 and 00), he is certain to lose $2 on each turn of the wheel. But suppose the winner received $39 profit instead of $35. Then he would have a small but important margin of safety. Therefore, the more numbers he wagers on, the better his chance of gain. And he could be certain of winning $2 on every spin by simply betting $1 each on all the numbers. (Incidentally, the two examples given actually describe the respective positions of the player and proprietor of a wheel with a 0 and 00.)

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04-Apr 2024 Thursday 4:33 PM (30 days ago)            #2
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04-Apr 2024 Thursday 5:13 PM (30 days ago)            #3
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Wah she compares this with 1999 earthquake ?

that one was 7.7 earthquake 9000 ppl kena leh 




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04-Apr 2024 Thursday 5:16 PM (30 days ago)            #4
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Yvonne Lim and her family are moving back to Singapore in 2024. Having experienced enough earthquakes in Taiwan for the past nine years, Yvonne Lim and her family are moving back to Singapore next year for good.27 Nov 2023




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04-Apr 2024 Thursday 5:16 PM (30 days ago)            #5
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Yvonne Lim relocating back to Singapore next year due to son's fear of earthquakes in Taiwan
Yvonne Lim relocating back to Singapore next year due to son's fear of earthquakes in Taiwan
PHOTO: Instagram/Yvonne Lim
Yvonne Lim and her family are moving back to Singapore in 2024.
Having experienced enough earthquakes in Taiwan for the past nine years, Yvonne Lim and her family are moving back to Singapore next year for good.

While the Singaporean actress revealed her plans to relocate in January this year, she recently told Shin Min Daily News that one reason is because of her son's fear of earthquakes.

"Whenever there's an earthquake, my son and I would be scared and anxious. My son would ask, 'When are we returning to Singapore?'" the 47-year-old said.

Her husband, Taiwanese former boy band member Alex Tien, 44, and their daughter are calmer when an earthquake occurs in Taipei, which is quite frequent, she also shared. AJ is eight while Alexa is six.

Yvonne added: "There would be at least a few earthquakes every year. Although they only lasted for a few minutes, sometimes even less than a minute, it can feel like a long time at that moment.

"The most terrifying thing is, there were once earthquakes for three consecutive days, so my family have prepared survival kits, such as helmets and aluminium foil blankets. When an earthquake occurs, we would put the helmets on our children and hide under the table to avoid being hit by falling objects. The school would also have emergency drills to teach students what to do in the event of an earthquake."

Yvonne said that they are still in the midst of looking for a suitable property here and an interior designer.

Despite the move, they are retaining their home in Taipei as they would still go back during school holidays to be close to Alex's family.

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She added: "I am considering whether to bring the pots and pans that I usually use, because I love to cook. If I don't bring them back, I am worried I won't be used to cooking in Singapore."

Another reason for bringing the family back is the children's education.

While they want the kids to be educated in Singapore, Yvonne also has her concerns, especially for AJ. The medium of instruction in Taiwan schools is mostly in Mandarin as compared to English in Singapore, but she added that her children's command of English is acceptable.

"He is in Primary 4, I am worried he may not be able to catch up, so my husband and I have considered seeking admission one level lower for him," she said.

She is still not too worried about Alexa as the girl will enter Primary 1 when they return.

When asked how her children reacted to the move to Singapore, Yvonne said that both were very happy, especially her son, as he would not have to worry about earthquakes anymore. They also have a good impression of the country.

Yvonne also shared that she would miss her friends in Taiwan when she moves back.

She said: "We would gather every weekend to play basketball, have meals and chat. So when they found out I am moving back to Singapore, they asked, 'What about our gatherings in the future?' It makes me feel a little sad, it's like I am abandoning them."




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