A ruthless guy: Think sports betting relies on luck? It's all harvested by mathematics! A hardcore breakdown of the bookmaker's Poisson distribution and market-making hedging, comparing the astonishing cliff-like rake between international markets and the Chinese sports lottery. Understand the underlying logic of the hundred-billion-dollar gambling game—how predatory is the CCP's lottery? It's beyond your imagination, refuse to be a leek!
https://www.youtube.com/watch?v=CIUWqv88BvY