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  2. Vigorish - Wikipedia

    en.wikipedia.org/wiki/Vigorish

    Vigorish (also known as juice, under-juice, the cut, the take, the margin, the house edge or the vig) is the fee charged by a bookmaker for accepting a gambler's wager. In American English , it can also refer to the interest owed a loanshark in consideration for credit.

  3. Mathematics of bookmaking - Wikipedia

    en.wikipedia.org/wiki/Mathematics_of_bookmaking

    Decimal odds are a single value, greater than 1, representing the amount to be paid out for each unit bet. For example, a bet of £40 at 6 − 4 (fractional odds) will pay out £40 + £60 = £100. The equivalent decimal odds are 2.5; £40 × 2.5 = £100. We can convert fractional to decimal odds by the formula D = (b + a) ⁄ b.

  4. Formula calculator - Wikipedia

    en.wikipedia.org/wiki/Formula_calculator

    The formula calculator concept can be applied to all types of calculator, including arithmetic, scientific, statistics, financial and conversion calculators. The calculation can be typed or pasted into an edit box of: A software package that runs on a computer, for example as a dialog box. An on-line formula calculator hosted on a web site.

  5. Binomial options pricing model - Wikipedia

    en.wikipedia.org/wiki/Binomial_options_pricing_model

    In finance, the binomial options pricing model (BOPM) provides a generalizable numerical method for the valuation of options.Essentially, the model uses a "discrete-time" (lattice based) model of the varying price over time of the underlying financial instrument, addressing cases where the closed-form Black–Scholes formula is wanting, which in general does not exist for the BOPM.

  6. Skolem normal form - Wikipedia

    en.wikipedia.org/wiki/Skolem_normal_form

    The function introduced in this process is called a Skolem function (or Skolem constant if it is of zero arity) and the term is called a Skolem term. As an example, the formula ∀ x ∃ y ∀ z P ( x , y , z ) {\displaystyle \forall x\exists y\forall zP(x,y,z)} is not in Skolem normal form because it contains the existential quantifier ∃ y ...

  7. Benjamin Graham formula - Wikipedia

    en.wikipedia.org/wiki/Benjamin_Graham_formula

    The Benjamin Graham formula is a formula for the valuation of growth stocks. It was proposed by investor and professor of Columbia University , Benjamin Graham - often referred to as the "father of value investing".

  8. Pythagorean expectation - Wikipedia

    en.wikipedia.org/wiki/Pythagorean_expectation

    Initially the correlation between the formula and actual winning percentage was simply an experimental observation. In 2003, Hein Hundal provided an inexact derivation of the formula and showed that the Pythagorean exponent was approximately 2/(σ √ π) where σ was the standard deviation of runs scored by all teams divided by the average number of runs scored. [8]

  9. E6B - Wikipedia

    en.wikipedia.org/wiki/E6B

    The mathematical formulas that equate to the results of the flight computer wind calculator are as follows: (desired course is d, ground speed is V g, heading is a, true airspeed is V a, wind direction is w, wind speed is V w. d, a and w are angles. V g, V a and V w are consistent units of speed. is approximated as 355/113 or 22/7)