Plenty of Profit Potential for Punters at Cheltenham 2018 The Cheltenham Festival is increasingly becoming a major betting event, even outside of the UK and Ireland where it remains the premier horse racing festival. Wagering on the 28 races is expected to once again...
The Challenge You bet a series races, where: • If you win, you get W dollars for each dollar bet • If you lose, you lose your bet • For each race, the probability of winning is p and losing is q = 1 − p • You bet some fixed percentage “per” of your...
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