{"success":true,"engine":"Black Belt Labs","metric_id":"M10063","name":"Effective Bets","category":"personal","classification":"classic","update_frequency":"hourly","inputs":["Other public data"],"inputs_are":"types of input","lookback_windows":[],"lookback_basis":null,"formula":"Personal: the number of INDEPENDENT risk factors your portfolio actually holds (entropy of eigenvalue-decomposed risk contributions). Ten coins can be 1.5 bets. QC-candidate: quantum PCA of the covariance; classical eigendecomposition today.","formula_published":true,"definition_version":"1.0","definition_history":[{"version":"1.0","effective_from":"2026-09-11T09:07:49Z","change_note":"initial recorded definition"}],"methods":["progr","quant-sim"],"disclaimer":"Madjik metrics are informational market indicators computed by Black Belt Labs. They are not investment advice, an offer, or a recommendation to buy or sell any asset."}