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Coming off their third straight 100-win regular season (and fifth straight at a 100-win pace, including 2020), the Dodgers are once again facing the harsh realities of postseason baseball: Charged ...
With Major League Baseball's new expanded playoff system, the postseason kicks off with four best-of-three wild card series. 2022 MLB playoff predictions: 101-win New York Mets are the favorites ...
If the figure quoted is negative, the moneyline odds are quoting how much money must be wagered to win $100 (this is done if the odds are worse than even). Fractional odds of 1/4 would be quoted as −400 while fractional odds of 4/1 cannot be quoted as a negative figure. Even odds Even odds are quoted as +100 or −100.
Thus if expressed as a fraction with a numerator of 1, probability and odds differ by exactly 1 in the denominator: a probability of 1 in 100 (1/100 = 1%) is the same as odds of 1 to 99 (1/99 = 0.0101... = 0. 01), while odds of 1 to 100 (1/100 = 0.01) is the same as a probability of 1 in 101 (1/101 = 0.00990099... = 0. 0099). This is a minor ...
Example of the optimal Kelly betting fraction, versus expected return of other fractional bets. In probability theory, the Kelly criterion (or Kelly strategy or Kelly bet) is a formula for sizing a sequence of bets by maximizing the long-term expected value of the logarithm of wealth, which is equivalent to maximizing the long-term expected geometric growth rate.
The statistic was invented in the late 1940s by Brooklyn Dodgers statistician Allan Roth with then-Dodgers general manager Branch Rickey. [3] [4] In 1954, Rickey, who was then the general manager of the Pittsburgh Pirates, was featured in a Life Magazine graphic in which the formula for on-base percentage was shown as the first component of an all-encompassing "offense" equation. [5]
After a down-to-the-wire Wild Card chase with the San Francisco Giants, Chicago and San Francisco ended the regular season tied, and thus squared off in a one-game playoff at Wrigley Field. Third baseman Gary Gaetti hit the eventual game-winning homer in the playoff game. The win propelled the Cubs into the postseason for the first time since ...