Miika's articles on the Ravobet blog deal with the numbers behind betting and casino games: the probabilities implied by odds, the bookmaker's cut, return to player, and stake size relative to bankroll.
Every figure is publicly checkable. Odds convert to a probability by dividing one by the price, the cut is calculated from the sum of the implied probabilities, and how long a bankroll lasts follows from the stake as a percentage. The calculations are written out in the articles so a reader can repeat them.
The articles do not promise wins. A casino game's result comes from a random number generator, and no method described changes a game's return to player or the price of a bet. What a staking plan affects is how long a bankroll lasts – not the probability of winning.
The terms used are explained in the site's glossary, and every worked example is written so it can be repeated with your own figures.
Aces lose almost one time in five – that is the expected outcome, not bad luck. The variance figures, the signs of tilt, and the limits decided before play.
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A headset changes the view, not the mathematics. What VR and AR casinos amount to today and what is worth keeping in mind.
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At a ten percent stake a bankroll absorbs ten losses; at two percent, fifty. A staking plan as figures.
Explore moreOdds and probabilities, the bookmaker's cut, staking plans and bankroll management, and gaming technology such as VR and AR casinos.
Yes. Odds convert to a probability by dividing one by the price, the cut comes from the sum of the implied probabilities, and bankroll survival from the stake as a percentage. The calculations are visible in the articles.
No. A casino game's result comes from a random number generator, and no method described in the articles changes a game's return to player or the odds.
Yes. The terms are explained in the glossary, and every worked example is set out so it can be repeated with your own figures.
On this page and on the Ravobet blog, where the articles are listed in order of publication.
