Most people use ‘betting’ and ‘gambling’ as synonyms, but they are not interchangeable. Online gambling sites capitalize...
Following the September 2014 sale of his business, Wizard of Odds, for a cool $2.35 Mio, there...
One of the phenomenons of probability is Gambler’s Ruin. The most common meaning is that a gambler...
A survey in six countries resulted in 72 per cent of those asked preferring 90 minutes with...
(1) Arbitrage between Two Bookmakers in One Betting Market This is the classic form of sports arbitrage...
A professional bettor appreciates that not every bet will win. A 64.6% probability means a 64.6% expected...
Even if you religiously bet on the highest odds for your selections, unfortunately, the biggest snag is...
Copyright Law & Licencing The images we use for illustration purposes throughout this website are often stock...
Sometimes it is necessary to figure out the average odds from a set of betting odds which...
A common problem faced by data analysts is to decide upon the required sample size. This can...
