Model Calibration: Turn Predictions into Prices

In gambling and trading, predictive models generate probabilities for outcomes, but these raw predictions often don’t translate directly into fair prices or odds. Model calibration is the process of adjusting predictions so they align with real-world outcomes, enabling more accurate pricing and risk management. This post covers what model calibration is, why it matters, and… Continue reading Model Calibration: Turn Predictions into Prices

Emotional Hygiene: Routines to Avoid Chase Spirals

In gambling, emotions often run high, especially after losses. Without proper management, frustration can lead to chase spirals—risky attempts to recover losses quickly that often deepen the problem. Emotional hygiene refers to the daily mental habits and routines that help players maintain control and avoid impulsive decisions. This post outlines practical emotional hygiene routines that… Continue reading Emotional Hygiene: Routines to Avoid Chase Spirals