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Sports Betting in Elixir with Nikola Petrušić - EMx 218

Elixir Mix

CHAPTER

The Importance of Cost Benefit Confidence Analysis

It comes down to trading risk analysis. Do you want to minimize risk with that? I mean, like you have to figure out like how much risk is there and not making the decision right now. And honestly, very often the answer is not much to be fair. So it sounds like cost benefit confidence analysis is what it sounds like last rest responsible moment. Yeah. It sounds like another version of basically the cost benefit analysis, right? Like make sure the benefits outweigh cost. Right. But again, like this is what what's key is like you said, benefit should also include the your confidence in that benefit.right. You won't get that experience if you don't do side projects

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