kenrexford, on 2013-February-06, 10:51, said:
Consider a problem. Play for the drop or hook when the odds are close? Some go the supposedly anti-percentage way and swear by it. Maybe they are right, and for them it actually is the percentage line. When you hear their explanations, they discount certain situations as not likely, and somehow this works out for them, they claim. Who are we to question this?
There is a difference between
"The other team is stronger than we are, therefore our best chance of winning is to trade off expected value for variance" and
"If I wish really hard, I can delude myself about probability theory"