Coin Toss

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Feb 3, 2011
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A coin toss in sports is not applicable to game theory since the expected payoff depends on how the team plays.
If the winner of the coin toss wins a sporting match 53% of the time, one would have to conclude that there is an advantage to winning the toss, regardless of the choice made. If, however, that number is 48%, then that means there is a disadvantage in winning the toss.
 

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