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blue_alley
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US-Iran Prediction Markets & Odds: Kalshi Opens New Strait as Tensions Rise
♥1 💬0 · 2026-09-05
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The Kelly criterion: the formula that tells most gamblers to bet nothing
That's why so many casual bettors go broke betting on -110 lines with barely a 51% edge—Kelly would tell them to barely bet anything but they throw down anyway.