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Posted By Topic: Singapore New Cabinet Lineup       - Views: 200
LONGSTER
13-May 2024 Monday 6:05 PM (7 days ago)
dragonson, laiszewea and Data Dunia  3 Likes  
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This message was edited by LONGSTER on 13-May-2024 at 6:06 PM




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Fahrenheit
13-May 2024 Monday 6:21 PM (7 days ago)            #2
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Congrats all promotees




"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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LONGSTER
13-May 2024 Monday 6:22 PM (7 days ago)            #3
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Gan Kim yong well done congrats

He did well during covid to assist Lawrence Wong




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seelangui
13-May 2024 Monday 6:59 PM (7 days ago)            #4
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Congarts 
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see what you want to see believe all you see
My current Mission is keep wining until S_P 斗/close shop
use main & sub method unit 1 unit= $20:
Use main bet as base the rest side bet to add on to max win or more Name it Eye jackpot system 南神眼



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LONGSTER
13-May 2024 Monday 9:38 PM (7 days ago)            #5
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quote originally posted by seelangui:
Congarts 
😋




 

This message was edited by LONGSTER on 13-May-2024 at 9:38 PM




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LONGSTER
13-May 2024 Monday 9:39 PM (7 days ago)            #6
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quote originally posted by seelangui:
Congarts 
😋




 

This message was edited by LONGSTER on 13-May-2024 at 9:39 PM




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LONGSTER
13-May 2024 Monday 9:42 PM (7 days ago)            #7
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quote originally posted by seelangui:
Congarts 
😋




 

This message was edited by LONGSTER on 13-May-2024 at 9:43 PM




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hanman0072002
13-May 2024 Monday 9:54 PM (7 days ago)            #8
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“CHANCE IS ALWAYS POWERFUL. LET YOUR HOOK ALWAYS BE CAST; IN THE POOL WHERE YOU LEAST EXPECT IT, THERE WILL BE A FISH.”


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Taurus05
14-May 2024 Tuesday 8:54 AM (6 days ago)            #9
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no much chnages. This means that bad polcies continue. Wong already make the first bad move by removing cpf SA. He mention another few bad things too. We have to ask him what policies for the next 5 years he will put in place (both bad and good).



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LONGSTER
14-May 2024 Tuesday 12:04 PM (6 days ago)            #10
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This message was edited by LONGSTER on 14-May-2024 at 12:05 PM




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JOGK
14-May 2024 Tuesday 12:21 PM (6 days ago)            #11
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quote originally posted by LONGSTER:

  This message was edited by LONGSTER on 13-May-2024 at 9:39 PM





 




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LONGSTER
14-May 2024 Tuesday 9:38 PM (6 days ago)            #12
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quote originally posted by seelangui:
Congarts 
😋




 

This message was edited by LONGSTER on 14-May-2024 at 9:38 PM




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LONGSTER
14-May 2024 Tuesday 9:59 PM (6 days ago)            #13
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hanman0072002
14-May 2024 Tuesday 10:23 PM (6 days ago)            #14
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Not easy being minister of health followed by transport. Most important issues.




“CHANCE IS ALWAYS POWERFUL. LET YOUR HOOK ALWAYS BE CAST; IN THE POOL WHERE YOU LEAST EXPECT IT, THERE WILL BE A FISH.”


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LONGSTER
14-May 2024 Tuesday 11:43 PM (6 days ago)            #15
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quote originally posted by seelangui:
Congarts 
😋




He very happy 




 

This message was edited by LONGSTER on 14-May-2024 at 11:43 PM




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LONGSTER
15-May 2024 Wednesday 12:04 AM (5 days ago)            #16
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quote originally posted by LONGSTER:

He very happy 




  This message was edited by LONGSTER on 14-May-2024 at 11:43 PM




 

This message was edited by LONGSTER on 15-May-2024 at 12:05 AM




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LONGSTER
15-May 2024 Wednesday 10:21 AM (5 days ago)            #17
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LONGSTER
15-May 2024 Wednesday 8:39 PM (5 days ago)            #18
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quote originally posted by LONGSTER:
This message was edited by LONGSTER on 13-May-2024 at 6:06 PM




 

This message was edited by LONGSTER on 15-May-2024 at 8:39 PM




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harewlood34
15-May 2024 Wednesday 9:33 PM (5 days ago)            #19
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Wonder anyone in the cabinet 
dare challenge aljunied and sengkang grc
​​​​​​

​​



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LONGSTER
16-May 2024 Thursday 12:35 AM (4 days ago)            #20
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LONGSTER
16-May 2024 Thursday 12:38 AM (4 days ago)            #21
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​​​​​​​

This message was edited by LONGSTER on 16-May-2024 at 12:39 AM




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LONGSTER
16-May 2024 Thursday 7:43 AM (4 days ago)            #22
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This message was edited by LONGSTER on 16-May-2024 at 7:43 AM




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dragonson 16-May 2024 Thursday 12:11 PM (4 days ago)            #23
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quote originally posted by LONGSTER:

This message was edited by LONGSTER on 13-May-2024 at 6:06 PM


congrats to all promotees




You'll Never Walk Alone
dragonson




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