JVA EditoraIndependent publisher • catalogue and digital reading
Cover of Bets: The Game Behind the Game

BUSINESS AND FINANCE

Bets: The Game Behind the Game

Odds, probability, house edge, and risk management to understand where the money really goes

Original title: Bets: O jogo por trás do jogo

By JVA Editora

This book is written in Portuguese. The description on this page has been translated.

R$9.99 PDF 100 pages
The book presents the mathematics of odds, explaining how price, probability, and the house edge interrelate. It discusses concepts such as expected value, variance, ruin risk, and biases that affect decisions under uncertainty. It highlights the difference between betting and investing, emphasizing the importance of understanding the contract and the counterparty. It proposes an economic reading method that prioritizes price, probability, edge, and risk in every analysis.
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