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Poker hands probability quantifies the mathematical likelihood of receiving specific card combinations in Texas Hold’em and other variants. From royal flush odds of 0.0032% to one-pair frequencies ...

This article presents an application for failure probability in long-pipeline gas systems through the development of trend curves over time for the attributes of corrosion wear, which are related to ...

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 ...

1 Management and Decision Engineering Laboratory (MDE-Lab), Department of Financial and Management Engineering, School of Engineering, University of the Aegean, Chios, Greece 2 School of Economic ...

Thanks for this great work! Was wondering how the token probabilities for the behaviour policy are calculated. As in what policy is used to calculate them given that many different policies were used ...

Sports betting is a multi-billion-dollar industry, with global revenues surpassing $250 billion annually. Behind the odds that bettors see on their screens is a complex system of probability ...

A conservative think tank found the White House measured retail price elasticity when it should have used import price elasticity. That mistake meant the tariff ...