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2. Pascal's wager - Wikipedia

   en.wikipedia.org/wiki/Pascal's_wager

   As Étienne Souriau explained, in order to accept Pascal's argument, the bettor needs to be certain that God seriously intends to honour the bet; he says that the wager assumes that God also accepts the bet, which is not proved; Pascal's bettor is here like the fool who seeing a leaf floating on a river's waters and quivering at some point, for ...

3. The Bet (short story) - Wikipedia

   en.wikipedia.org/wiki/The_Bet_(short_story)

   "The Bet" (Russian: "Пари", romanized: Pari) is an 1889 short story by Anton Chekhov about a banker and a young lawyer who make a bet with each other following a conversation about whether the death penalty is better or worse than life in prison. The banker wagers that the lawyer cannot remain in solitary confinement voluntarily for a ...

4. Mathematics of bookmaking - Wikipedia

   en.wikipedia.org/wiki/Mathematics_of_bookmaking

   In gambling parlance, making a book is the practice of laying bets on the various possible outcomes of a single event. The phrase originates from the practice of recording such wagers in a hard-bound ledger (the 'book') and gives the English language the term bookmaker for the person laying the bets and thus 'making the book'.

5. Bookmaker - Wikipedia

   en.wikipedia.org/wiki/Bookmaker

   By "adjusting the odds" in their favour (paying out amounts using odds that are less than what they determined to be the true odds) or by having a point spread, bookmakers aim to guarantee a profit by achieving a 'balanced book', either by getting an equal number of bets for each possible outcome or (when they are offering odds) by getting the amounts wagered on each outcome to reflect the ...

6. Dutch book theorems - Wikipedia

   en.wikipedia.org/wiki/Dutch_book_theorems

   A person who has set prices on an array of wagers, in such a way that he or she will make a net gain regardless of the outcome, is said to have made a Dutch book. When one has a Dutch book, one's opponent always loses. A person who sets prices in a way that gives his or her opponent a Dutch book is not behaving rationally.

7. A French gambler’s $50m of bets inflated Trump’s odds - and ...

   www.aol.com/news/french-gambler-huge-bet-spiked...

   IN FOCUS: Funded by billionaire Trump supporter Peter Thiel, Polymarket is forecasting a landslide for the Republican candidate. But some fear the massively inflated odds will be used by the ...

8. Double or nothing - Wikipedia

   en.wikipedia.org/wiki/Double_or_nothing

   Person A wins an initial $5 bet against Person B. Before the initial bet is repaid, Person A and Person B agree to a second bet, also in the amount of $5 because the bet was doubled or "Double or Nothing". If person A wins bet 2, they are owed $10 total from Person B. $5 from the first bet + $5 from the second = $10 total.

9. Shaikin: Polymarket shouldn't allow people to profit by ...

   www.aol.com/news/shaikin-polymarket-shouldnt...

   In our sporting corner of the world, betting is everywhere. Consider Major League Baseball: The league has official gaming partners, the broadcast home of its "Sunday Night Baseball" showcase ...