Re: the desire to choose a 50% (or other) decision threshold. It doesn't have to be a binary choice. Knowing the distinction between 65% and 80% improves your

Re: the desire to choose a 50% (or other) decision threshold. It doesn't have to be a binary choice. Knowing the distinction between 65% and 80% improves your betmaking capabilities by allowing you to hedge, in some cases guaranteeing a profit [1] regardless of the odds and how they change. [1] https://help.smarkets.com/hc/en-gb/articles/115001431011-How-to-calculate-a-hedge-bet https://help.smarkets.com/hc/en-gb/articles/115001431011-How...