A data-driven look at basic craps strategy, house edge math, and realistic betting approaches that prioritize discipline, ...

Seen through an actuarial lens, the changing climate is not an ideology. It’s a risk management challenge already reshaping ...

“One of the basic axioms of the rational theory of decision under uncertainty is Savage’s (1954) sure-thing principle (STP). It states that if prospect x is preferred to y knowing that Event A ...

Sachin Shah of Emkay Investment Managers outlines his E-Qual model for identifying long-term wealth creators. He emphasizes management quality, integrity, and capital efficiency, advocating for ...

Many people mix up odds and probability at casino tables. These words sound the same but mean different things. Knowing both helps you play smarter. The math behind them changes how much you win and ...

Though the Rule 5 draft doesn’t take place until Dec. 10 at the Winter Meetings, teams must set their reserve lists/40-man rosters by 6 p.m. ET on Tuesday, Nov. 18. A wide range of factors go into ...

A team of international physicists has brought Bayes’ centuries-old probability rule into the quantum world. By applying the “principle of minimum change” — updating beliefs as little as possible ...

Florida Agriculture Commissioner Wilton Simpson will issue a rule demanding kratom substances clearly label how much 7-OH they contain. (Via Casey DeSantis Facebook, 2022) Florida Agriculture ...

With the new NFL season now in full flow, fans are still getting used to some of the changes in the sport. Maybe the biggest change in recent years is the new dynamic kickoff rule, which was brought ...