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Same-game parlays advertise giant payouts. The math — once you account for sportsbook hold and correlation — tells a quieter story.
TL;DR: When two variables move together on a scatterplot, how do you measure how tight that relationship really is? Enter r, the correlation coefficient. It runs from negative 1 (a perfect downward line) through 0 (no linear pattern at all) up to positive 1 (a perfect upward line). The sign tells you the direction; the […]
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