If the odds are set correctly, you should have the same EV on either side of a bet.
That's why it's hard to beat Vegas at sports betting--they set the correct odds way too often.
When regular folks make up their own odds, they're not very good at it, but in theory the market just buys up any +EV position, even if it's a longshot.
Yeah but they’re never going to be as versatile as a humanoid that can identify one, move the crop gently aside and rip it out of the ground. I’m sure the lasers fail pretty quickly after the plants are a few inches tall due to lack of visibility.
The law already covers this kind of thing using the reasonable person standard.
Walmart is bound by anything an employee says that a reasonable person would believe that employee has the authority to offer.
So if an employee tells you that you can have half off the service if it isn’t done today, probably bound by it. If they tell you the owner will give you a handjob probably not.
That's why it's hard to beat Vegas at sports betting--they set the correct odds way too often.
When regular folks make up their own odds, they're not very good at it, but in theory the market just buys up any +EV position, even if it's a longshot.
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