Glossary

Bet Over.

**Game B**: Model Under probability. $P(X < 43.0) = P(Z < (43.0-41.7)/12.0) = P(Z < 0.108) = 0.543 = 54.3\%$. Market Under ~52.4% (from -112 side). Edge ~1.9 pp. **No bet** (below threshold). - **Game C**: $P(X > 51.5) = P(Z > (51.5-52.1)/12.0) = P(Z > -0.05) = 0.520 = 52.0\%$. Market Over ~51.2% (f

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