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theory

A collection of 4 posts
Betting Theory: Bet Early
theory

Betting Theory: Bet Early

In our Bet Often [https://alacrity.ghost.io/betting-theory-bet-often/] article, we explored the benefits of placing as many bets as you can, in order to reduce variance and have your performance deviate less from your expectation. Here, we'll talk about another broad change you can
25 May 2021 10 min read
Betting Theory: Bet Often
theory

Betting Theory: Bet Often

In our EV article [https://www.alacrity.gg/betting-theory-bet-ev-not-the-favorite/], we had alluded to the law of large numbers as a major influence on how you should approach betting strategy. In this article, we’re going to really focus in on this. Hopefully, by the
30 Apr 2021 9 min read
Betting Theory: Vig and Implied Probabilities
theory

Betting Theory: Vig and Implied Probabilities

In our Expected Value article [https://www.alacrity.gg/betting-theory-bet-ev-not-the-favorite/], we had alluded to the vig that an oddsmaker takes, but had ignored it for illustrative purposes. It does, however, have some serious implications for any betting strategy, and represents an “edge” hurdle that
08 Apr 2021 11 min read
Betting Theory: Bet EV, not the Favorite
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Betting Theory: Bet EV, not the Favorite

If you’ve followed along with our betting suggestions, you’ve probably noticed that we’re more likely to bet on the underdog than the favorite. This seems counterintuitive - aren’t we likely to lose more bets than we win if we do that? The answer is yes, we expect
22 Mar 2021 8 min read
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