Monday, 29 February 2016

How the MPS works?


How the MPS works?

The key is the relationship between any probability and the number of arrears/delays that has not happened (MP).  In any game of chance (including life), Normal is usually equilibrium, when that balance is broken we call it streak statistics, usually the higher is the initial probability of an event, the faster the streak breaks and everything returns to normality.

The system is able to relate the initial probability of something with the number of times that takes without occur,  achieving an useful approximation to determine the moment/time when the streak is going to break.

How far do you want to go?

As I mentioned in the previous article there is a relationship between the initial probability and the maximum number that can reach a statistical streak,  You can find a MP calculator in my blog, so you can see how many times can be extended in time a streak according to its Initial Probability until reach MP 99.99

As you see the higher IP, the faster we reach MP 99.99, the method works well from an IP at least 25-30%, lower than it takes too long until we reach MP 99.99 always starting the monitoring when MP is bigger than 99,50, although it is true that the odds will be higher, perhaps it may be worth playing  IP 20% as minimun sometimes...
For higher IP 65-75% odds are lower, but we are confident it will quickly fulfilled, these can be exploited playing ‘live betting’ waiting until they rise.

I'm still collecting data and want to be cautious so I'm going to say that from MP 99,50 till MP 99,99 fulfill 97% of cases

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