Place bets on beliefs using NAL truth values. Higher confidence means safer bets. Higher frequency means better odds. But uncertainty is the house edge.
In NAL, every belief has a frequency (f, how often it is true) and confidence (c, how much evidence backs it). When you bet, your expected value is: bet * f * c if you bet TRUE, or bet * (1-f) * c if you bet FALSE. But the actual outcome has randomness, reflecting the uncertainty. High confidence beliefs are safer bets. Low confidence beliefs are gambles. If you pass, you keep your coins but learn nothing.