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In making a bet where the expected value is positive, one is said to be getting "the best of it". For example, if one were to bet $1 at 10 to 1 odds (one could win $10) on the outcome of a coin flip, one would be getting "the best of it" and should always make the bet (assuming a rational and risk-neutral attitude with linear utility curves and have no preferences implying loss aversion or the ...
In 2006, the Prime Minister of Finland, Matti Vanhanen, made the news when he allegedly broke up with his girlfriend with a text message. [citation needed] In 2007, the first book written solely in text messages, Viimeiset viestit (Last Messages), was released by Finnish author Hannu Luntiala. It is about an executive who travels through Europe ...
Thus the verb "to oof" can mean killing another player in a game or messing up something oneself. [115] [116] oomf Abbreviation for "One of My Followers". [117] opp Short for opposition or enemies; describes an individual's opponents. A secondary, older definition has the term be short for "other peoples' pussy". Originated from street and gang ...
Frequently impersonated businesses and government agencies, including Amazon, Netflix, PayPal, the IRS, the SSA, and the USPS, all have pages with spam text message examples or explain common scam ...
A bet to win, sometimes called a "straight" bet, means staking money on the horse, and if it comes in first place, the bet is a winner. In a bet to place, you are betting on your horse to finish either first or second. A bet to show wins if the horse finishes first, second or third. Since it is much easier to select a horse to finish first ...
Whilst most bets the casino offers to players have a built in house edge, betting on the spread offers an opportunity for the astute gambler. When a casino accepts a spread bet, it gives the player the odds of 10 to 11, or -110. That means that for every 11 dollars the player wagers, the player will win 10, slightly lower than an even money bet.
Ante-post betting, unlike starting price betting, carries the additional risk that the original bet will be forfeited, rather than returned, if the wagered horse fails to run. [1] The ante in ante-post is derived from the Latin ante (meaning "before"), but the post is not the Latin post (meaning "after"). Instead, it is derived from the ...
Maximum potential pay-off of the wager is known when the bet is taken and as a corollary risk is known beforehand by being limited to the initial stake. Financial betting instruments are a type of digital option. The outcome of the wager at settlement is binary, that is, either a win or a loss.