Many people mix up odds and probability at casino tables. These words sound the same but mean different things. Knowing both ...
Whether you’re a novice bettor or a seasoned veteran, you’ve almost certainly heard of positive expected value betting. After all, there are betting influencers and podcast hosts who talk about the ...
What if I say that starting a business is unnatural? The venture is always risky, and we’re so good at avoiding risks: Some say it's just the way our brains are wired. Fear of loss may be primal and ...
Powerball has a jackpot of $420 million and Mega Millions is at $318 million this week. We did the math to see whether it's worth buying a ticket.
We propose a method for selling options that defies many myths around options selling. We analyzed options prices using statistical modelling and calculus to improve the "expected value" of trading ...