So there’s a technical definition of edge which is your expected gain for every unit that you bet, given your own probability and the bet odds.
I agree that not clumping up the post is probably best but to make the post correct I suggest adding the underlined text into the definition in case people don’t click the link.
bet such that you are trying to win a percentage of your bankroll equal to your percent edge.
So there’s a technical definition of edge which is your expected gain for every unit that you bet, given your own probability and the bet odds.
I agree that not clumping up the post is probably best but to make the post correct I suggest adding the underlined text into the definition in case people don’t click the link.