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What Do Odds Of 2.0 Mean? [Solved]
The break-even odds for decimal are 2.0, as these odds will simply double your stake. Decimal odds below 2.0 are less than even money odds, meaning the potential return will be less than your stake. Odds above 2.0 are positive odds, meaning your potential return will be more than your stake.
Why “probability of 0” does not mean “impossible” | Probabilities of probabilities, part 2
Also, for the real analysis buffs among you, there was one statement I made in this video that is a rather nice puzzle. Namely, if the …
Odds vs. Probability: Definition, Explanation, Calculation, Examples and Comparison in One Minute
Many people wrongfully assume
Probabilities Explained in One Minute - Probability Definition, Formula and Misconceptions
A lot of people think they understand probabilities but if you were to ask them to write the