Are odds better or worse?
Is the odds ratio positive or negative?
Positive odds ratios indicate that the event is more likely to occur, whilst negative odd ratios indicate the event is less likely to occur.
2024-02-19 03:18:38
Is video blackjack worse odds?
What could be affecting your losing all the time, Raylon, are video blackjack machines that don't pay you the true value of a blackjack (3 for 2). Most machines pay even money on natural 21s. Because you can expect a blackjack every 21 hands in live play, the loss of that bonus will cost you an additional 2.3%.
2024-01-12 11:29:47
What is the formula for calculating odds?
Odds = Probability / (1-probability). Odds ratio (OR) = ratio of odds of event occurring in exposed vs. unexposed group.
2024-01-07 12:34:16
What does 72 odds mean in horse racing?
It reflects the amount of money bet on a horse; the more money that is invested, the shorter the odds. When horse racing odds are shown in the form of 7-2, 5-1, etc, it expresses the amount of profit to the amount invested. So odds of 7-2 mean that for every $2 invested, the punter gets $7 profit in return.
2023-11-25 12:41:31
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