Website Plays the Lottery Every Second, Puts the Pitiless Nature of Probability on Full Display

The continued existence of lotteries is a demonstration of how little intuition humans have for probability. On some level, ...

Why are bettors wagering millions on whether Jesus will return in any given year?

There are any number of random, oddball bets offered on the prediction market Polymarket, though few are quite as curious as ...
Investopedia

Understanding Subjective Probability: Definitions and Examples

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
Investopedia

Understanding Prior Probability in Bayesian Statistics

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
The Cincinnati Enquirer

'The odds aren't zero.' Zac Taylor talks Bengals' playoff probability

The updated AFC playoff picture isn't looking favorable for the Cincinnati Bengals as they prepare for their final four games of the season. The Bills hurt the Bengals' playoff chances by rallying ...
JSTOR Daily

The Annals of Probability

This title is part of a longer publication history. The full run of this journal will be searched. TITLE HISTORY A title history is the publication history of a journal and includes a listing of the ...