No, it's a reference to sports book makers and casualty actuaries.Your meaning is that setting odds can give you and edge because your inputs aren't "priced in" (as they say)?Who needs accurate predictions if you can get good at setting odds?If there's one thing I've learned in my 65 years on this planet, it's that I cannot predict the future.
By setting the odds well they can make (most of the time) profit without being able to predict the future.
Statistics: Posted by watchnerd — Thu Apr 25, 2024 6:26 pm — Replies 251 — Views 19484