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130 that when the bet wins you will obtain $130. On the flip aspect, the destructive odd indicates that on a bet with odds of -130 that you should bet $130 with a view to win $one hundred on a successful bet. A technique I can show that something linked to plain deviation is a facade of knowledge: There's a measure known as Kurtosis that indicates departure from "Normality". There is a sucker’s technique known as "scenario analysis" and "stress testing" - normally based on the previous (or some "make sense" theory). If we suspect proper-skewness, the true imply is extra prone to be underestimated by measurement of previous realizations, and the entire potential is likewise poorly gauged

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