Technology warts are a good thing, actually
We learn why we should cherish the warts of our technologies, and what the difference is between Hong Kong and decimal odds. Plus new premium newsletter!
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You Want Technology With Warts
We often lament the warts of our technologies, but their presence is actually evidence that the maintainer of the technology pays attention to maintaining backward compatibility. Embrace wartfulness.
Full article (1–3 minute read): You Want Technology With Warts
Flashcard of the week
What's the relationship between decimal odds and Hong Kong odds?
This whole odds thing used to be a constant source of confusion for me, but then I realised there are really only two types of odds: (a) real odds, which are various ways of writing p/(1-p), and (b) European odds, which are various ways of presenting the payout for a given size stake.
Hong Kong odds (like UK fractional odds) are real odds. Decimal odds (European odds) have an additional stake in them that needs to be removed.
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