In my last article I advised you to familiarize yourself with some pineapple open-face Chinese (POFC) odds charts, and try your hand at a basic expected value (EV) calculation or risk/reward ...
Calculating Expected Value (EV) in sports betting is a fundamental concept that helps bettors determine whether a bet, made over and over, is likely to be profitable in the long run. Understanding EV ...
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 ...
Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, economics, and public policy. Peter began covering markets at Multex (Reuters) and has ...
Both organizations and private individuals invest their resources in order to earn profits on their investments. Profitability can be measured using either income or the rate of return. Income is the ...