Can ELO ratings be used to calculate the expected value for betting purposes? If so, how is it calculated? - Quora

Answer (1 of 5): Yes, ELO ratings can be used to calculate the expected value for betting purposes. The ELO rating system, originally developed for chess, has been widely adopted in various competitive fields, including sports. It provides a quantitative measure of the relative strength of two op

A gambler has $100. With each gamble, if he wins, he gain $1 and if he loses, he loses $1. P(WIN) = 0.49, P (Loss) =0.51 What is the probability that he

Can ELO ratings be used to calculate the expected value for betting purposes? If so, how is it calculated? - Quora

How to use Elo to calculate the odds of a win, and are these odds generally accurate in chess - Quora

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ELI5/model_code/dict.multitask_source_bpe.txt at main · facebookresearch/ELI5 · GitHub

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Can ELO ratings be used to calculate the expected value for betting purposes? If so, how is it calculated? - Quora