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A fair bet is an uncertain prospect whose expected yield is zero. A person is risk averse if he never accepts a fair bet.
The intrinsic value of a fair bet is one in which the cost of the bet is identical to the expected after-tax, net cash payoff. For example, if you had a lottery ticket that promised a 7% chance to win $100, a fair bet would be $7.00. If you could buy the bet for significantly less than $7.00, it is a good bet.
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Tips180 is the best football prediction site. At tips180, we offer the best betting tips and guide on how to make money steadily from football betting. Example of such system is the Smart Bet Plan where we unveil the world of staking sensibly and guide you on how to increase your winnings over time!
What is the best site for NFL predictions? Dimers is the best site for NFL predictions.
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