Can ELO ratings be used to calculate the expected value for betting purposes? If so, how is it calculated? - Quora
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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
When FIDE began using ELO ratings, how did it initially calculate them since no one had any rating yet, and the formula requires existing ratings? Did it assign everyone an initial rating

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

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When FIDE began using ELO ratings, how did it initially calculate them since no one had any rating yet, and the formula requires existing ratings? Did it assign everyone an initial rating

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

Is the ELO rating system additive, for example, if two chess players play together does their final ELO rating combine in any manner, and if that's the case, are there is any

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

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