3 ms·
The nature of odds would require that. Otherwise how would you calculate 1:3 odds?
by nathancahill 9y ago
The nature of odds would require that. Otherwise how would you calculate 1:3 odds?
- bigiain 9y agoSame argument applies to interest rates and many other financial calculations too... The thing I didn't know before that project was that there was a "standard" about how much precision you're required to calculate at. Not that ten thousandths of a cent is necessarily "the right answer", but when the regulators tell you that's the answer it takes a lot of discussion/argument away... (Surely even tenths of a cent would suffice???)