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Glossary
› Variance
Variance
How far real results swing from the expected value; high-variance games have rarer, larger outcomes.
All terms
RTP (Return to Player)
House Edge
Vig / Overround
Implied Probability
Expected Value (EV)
Variance
Volatility
Kelly Criterion
Closing Line Value
Arbitrage
Dutching
Matched Betting
Lay Bet
Liability
Wagering Requirement
Risk of Ruin
Edge
Parlay / Accumulator