Hollywoodbets Mobile – Horse Racing & Sports Betting


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the place ln Zave – mathematical expectation of ln Z; pi – likelihood of i-th event, equal to 1/Fi, Fi – honest odds; qi – sportsbook’s ‘likelihood’ of i-th occasion, equal to 1/Li, Li – payout coefficients (aka market odds, line odds, or traces); N – number of chosen independent occasions.

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