How Do Odds Work in Betting?

Learn about the three popular betting odds formats—British (fractional), European (decimal), and American (money line)—and how to interpret them.

  • American (Money Line):
    • Odds for favorites are accompanied by a minus (-) sign and indicate the amount you need to bet to win $100.
    • Odds for the underdogs are accompanied by a positive (+) sign and indicate the amount won for every $100 you bet.
  • British (Traditional):
    • A fractional listing of x/y (x-to-y) odds would mean that you win $x against every $y you wager.
    • Tp = ( S ( N / D ) ) + S
      • Tp is the total payout
      • S is Stake (Bet)
      • N/D is the numerator/denominator of the fractional odd (e.g., 28/6)
  • European (Decimal Odds):
    • Amount one wins for every $1 wagered
    • Tp = S * D
      • Tp is the total profit
      • S is Stake (Bet)
      • D is the decimal odd

Source: How Do Odds Work in Betting?

10+ Government KPIs

Budgeting ratio: This government KPI is the ratio of the public sector operating cost to its revenue.

Near-term solvency: This public sector KPI displays the ability of the government in meeting its near-term obligations.

Debt per capita: This public sector KPI is the quotient of total government debt divided by its population.

Personnel and admin cost ratio: This government KPI is the ratio of personnel and admin cost to the operating cost of the public entity.

Bond rating: This public sector KPI is a measure of financial stability.

Total number of audit findings: This public sector KPI is the count of reported issues in audits.

Housing opportunity index: This KPI is a measure of housing affordability.

Housing opportunity index: This KPI is a measure of housing affordability.

Passenger trips on buses per gallon of fuel: This KPI is a measure of municipal bus service value.

Landfill diversion rate: This KPI is a measure of effective waste recycling. Landfill diversion is the practice of redirecting municipal waste from landfills to recycling or biofuel facilities.

Total miles of municipal streets paved: This KPI is a measure of the government’s ability to upgrade the current infrastructure to meet the needs of a growing population.

Percentage of bridges with a sufficient rating: This KPI is a measure the of government’s ability to maintain the current infrastructure.

Capital projects timely and on-budget completion: This KPI is a measure of the government’s ability to successfully plan and execute projects.

Public participation: This government KPI measures the amount of participation from the citizens in services, programs, and general meetings. Public participation KPI provides valuable information about budget and resource allocation.

Voter turnout: This public sector KPI is very closely related to public participation as it measures the involvement of citizens in the direction that the government is taking.

Resident satisfaction: This government KPI measures the level of public happiness with public sector services and performance.

Employee retention rate: This government KPI is a measure of the government’s ability to retain its employees.

Source: 10+ Government KPIs for 2021 Reporting – insightsoftware

Idea: Food Mall!

Turn failing malls into all restaurants. Big brands, local Mom/Pops, etc. Organize randomly or according to cuisine (steakhouse, seafood, desserts, etc.) or by food preference Vegan, etc. Possibly use the food court as a communal dining area that includes menus from all restaurants. Entice customers into your restaurant by offering in-restaurant-only menu items. Or maybe the food court is the waiting area for restaurants to offer their appetizers and drinks. Then at meal time, patrons physically move to the restaurant location.