In a series of probable events, as in case of sports betting,Sports Betting predictions of which the ones produce a benefit and the others a loss, we shall have the advantage which results from it by making a sum of the products of the probability of each favorable event, as a winning tip, by the benefit which it procures, and subtracting from this sum that of the products of the probability of each unfavorable event by the loss which is attached to it. If the second sum is greater than the first, the benefit becomes a loss and hope is changed to fear.
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