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Month: March 2021

Stake in betting: What it is, how to calculate it and examples

Stake in betting: What it is, how to calculate it and examples

Posted on March 5, 2021March 30, 2021 by Shirley Ratcliffe

The stake in betting is the degree of confidence we have that a given bet will be successful. It is therefore a subjective value, by which the bettor assigns the risk that each of his bets will fail. To number the confidence we place on our bets, we use a […]

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