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 ...

There is a long-standing argument in the poker world between the math guys and the instinct guys. I have always been a proponent of the math side, as every decision made in poker has an underlying ...

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 ...

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, risk management, and public policy. Peter began covering markets at Multex (Reuters) ...

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