Discover how the Dutch Book Theorem reveals profit opportunities in betting and finance when probabilities are misjudged.

Explore the binomial tree model's use in option pricing, its workings, and examples. Learn how this model estimates intrinsic ...

Are the odds you see on a sportsbook not the ones you’re familiar with? Do you want an easier way to determine how likely a sportsbook thinks a bet will win or lose? Use our odds calculator today!

Implied probability is a concept that has a huge impact on how you judge the value of a bet. It’s something that you often hear about, but most bettors don’t stop to properly unpack this concept. In ...

This article was originally published at The Conversation. The publication contributed the article to Space.com's Expert Voices: Op-Ed & Insights I was preparing for my early morning class back in ...

I have been studying planetary defense, particularly being part of past, ongoing, and future small body missions. I was part of the NASA/DART mission. I am currently part of the NASA/Lucy mission and ...

When scientists spot an asteroid whose trajectory might take it close to Earth, they monitor it frequently and calculate the probability that it might collide with our planet.

Solvej Balle’s “On the Calculation of Volume” rethinks the familiar story of the endlessly repeating day. By Hilary Leichter Hilary Leichter is the author of the novels “Temporary” and “Terrace Story.

Here at BallisLife, we strive to make your life as easy as possible. That’s why we have developed an implied odds calculator. With this tool, you can easily figure out how likely an event is to happen ...

The hazard produced by natural phenomena on infrastructure and urban populations has been widely studied in the last 50 years. Researchers have recognised that the real danger posed by these phenomena ...

Life is uncertain. None of us know what is going to happen. We know little of what has happened in the past or is happening now outside our immediate experience. Uncertainty has been called the ...