Soccer Punters Who Bets And Which Bias Is Produced
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Soccer Punters Who Bets And Which Bias Is Produced
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Author : Farshid Bröker
language : en
Publisher:
Release Date : 2012
Soccer Punters Who Bets And Which Bias Is Produced written by Farshid Bröker and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with categories.
Soccer Punters Who Bets And Which Bias Is Produced
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Author : Farshid Bröker
language : en
Publisher: GRIN Verlag
Release Date : 2012-05-06
Soccer Punters Who Bets And Which Bias Is Produced written by Farshid Bröker and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-05-06 with Business & Economics categories.
Master's Thesis from the year 2012 in the subject Economics - Micro-economics, grade: 1,3, Frankfurt School of Finance & Management, language: English, abstract: The online sports betting markets industry has been gaining in popularity worldwide during the last decade. The Internet gives punters faster access to their bookmaker and lets them easily compare the odds of many different bookmakers. Furthermore, many online gambling sites offer a wide range of different sports events and specialized bets for their customers. Nowadays it is not only possible to bet on the final outcome of a soccer match, but even on the half-time result or the amount of goals scored during the match. The betting exchange betfair makes it possible to bet against a certain outcome, meaning the punter can act as a bookmaker for a chosen event. Betting on outcomes of soccer matches is very interesting with regard to probability theory because it is based on a numerical code: 0 for a draw, 1 if the home team wins and 2 if the home team loses. Therefore many textbooks on combinatorics consider soccer bets to be a prime example for probability theory. H. Matthes and H. Küchenhoff claim that soccer bets are a great example for the so-called subjective probability, which they define as the degree of confidence with which an observer believes in the occurrence of a certain event based on the information he currently has. P(A) would be the maximum amount in EUR that he is willing to risk if he receives exactly EUR 1 on the occurrence of A. For a bookmaker this would mean that his odd for a certain event will not exceed 2 if he believes that the probability of its occurrence is 50%. Hence, odds that are offered by a bookmaker on the occurrence of a certain result reflect his individual estimation regarding the probability of the occurrence of the given result. Of course, bookmakers can be wrong. If it were possible to identify a pattern for their mistakes, this would help in exploiting them. Furt
Soccermatics
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Author : David Sumpter
language : en
Publisher: Bloomsbury Publishing
Release Date : 2016-05-05
Soccermatics written by David Sumpter and has been published by Bloomsbury Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-05-05 with Mathematics categories.
'Football looked at in a very different way' Pat Nevin, former Chelsea and Everton star and football media analyst Football – the most mathematical of sports. From shot statistics and league tables to the geometry of passing and managerial strategy, the modern game is filled with numbers, patterns and shapes. How do we make sense of them? The answer lies in the mathematical models applied in biology, physics and economics. Soccermatics brings football and mathematics together in a mind-bending synthesis, using numbers to help reveal the inner workings of the beautiful game. This new and expanded edition analyses the current big-name players and teams using mathematics, and meets the professionals working inside football who use numbers and statistics to boost performance. Welcome to the world of mathematical modelling, expressed brilliantly by David Sumpter through the prism of football. No matter who you follow – from your local non-league side to the big boys of the Premiership, La Liga, the Bundesliga, Serie A or the MLS – you'll be amazed at what mathematics has to teach us about the world's favourite sport.
How To Find A Black Cat In A Coal Cellar
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Author : Joe Buchdahl
language : en
Publisher: Oldcastle Books
Release Date : 2013-01-25
How To Find A Black Cat In A Coal Cellar written by Joe Buchdahl and has been published by Oldcastle Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-01-25 with Games & Activities categories.
How do we know if we can beat the bookmaker? That's easy: just look at our bank balance. But how do we know if we've not just been lucky? More specifically, how do we know that someone who says he can do it, and who is selling his 'expertise', can keep doing it again and again, through talent, skill and hard work? This book examines the techniques available to answer that question, to identify those qualities and to help the punter find value for money in an industry that appears to be largely built on trust and the influence of chance; to uncover the truth about sports tipsters and ultimately how to find the best tipsters - the 'Black Cats'.
The Oxford Handbook Of The Economics Of Gambling
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Author : Leighton Vaughan Williams
language : en
Publisher: Oxford University Press
Release Date : 2013-11-12
The Oxford Handbook Of The Economics Of Gambling written by Leighton Vaughan Williams and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-11-12 with Business & Economics categories.
There is growing interest among academics and policymakers in the economics of gambling, which has been stimulated by major regulatory and tax changes in the U.S., U.K. Continental Europe, Asia, Australia and elsewhere. Unfortunately, there is no comprehensive source of path-breaking research on this topic. To fill this gap, we commissioned chapters from leading economists on all aspects of gambling research. Topics covered include the optimal taxation structure for various forms of gambling, factors influencing the demand and supply of gambling services, forecasting of gambling trends, regulation of gambling, the efficiency of racetrack and sports betting markets, gambling prevalence and behavior, modeling the demand for gambling services, the economic impact of gambling, substitution and complementarities among different types of gambling activity, and the relationship between gambling and other sectors of the economy. These are all important issues, with significant global implications. Specifically, we divide the Handbook into sections on casinos, sports betting, horserace betting, betting strategy, motivation, behavior and decision-making in betting markets, prediction markets and political betting, and lotteries and gambling machines
Million Dollar Maths
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Author : Hugh Barker
language : en
Publisher: Atlantic Books
Release Date : 2018-11-01
Million Dollar Maths written by Hugh Barker and has been published by Atlantic Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-11-01 with Mathematics categories.
Million Dollar Maths is an invaluable guide to the straightforward and outlandish mathematical strategies that can make you rich. ____________ How can you turn $1000 into $1 million? What is the best way to beat the lottery odds? When is the best time to take out a loan? How did one group of gamblers bet on hole-in-ones to win £500,000? How can maths help you set up a successful tech start-up? What about proving the Goldbach Conjecture for $1 million? Learn the techniques for growing your everyday finances, as well as the common mistakes to avoid. Discover the skills, both fair and foul, that offer an additional edge when investing and gambling. And discover why we often misunderstand probability and statistics - with troubling financial costs. From making the most of special offers to utilising the power of exponential growth in your investments; from the art of card counting, to inventing the next Google, Million Dollar Maths is the quintessential primer to the myriad ways maths and finance intersect.
Living Learning With The World S Biggest Punters
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Author :
language : en
Publisher: Scott Woodward
Release Date :
Living Learning With The World S Biggest Punters written by and has been published by Scott Woodward this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.
The Ten Equations That Rule The World
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Author : David Sumpter
language : en
Publisher: Flatiron Books
Release Date : 2021-08-24
The Ten Equations That Rule The World written by David Sumpter and has been published by Flatiron Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-08-24 with Business & Economics categories.
Is there a secret formula for getting rich? For going viral? For deciding how long to stick with your current job, Netflix series, or even relationship? This book is all about the equations that make our world go round. Ten of them, in fact. They are integral to everything from investment banking to betting companies and social media giants. And they can help you to increase your chance of success, guard against financial loss, live more healthfully, and see through scaremongering. They are known by only the privileged few - until now. With wit and clarity, mathematician David Sumpter shows that it isn't the technical details that make these formulas so successful. It is the way they allow mathematicians to view problems from a different angle - a way of seeing the world that anyone can learn. Empowering and illuminating, The Ten Equations shows how math really can change your life.
The Economics Of Sports Betting
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Author : Plácido Rodríguez
language : en
Publisher: Edward Elgar Publishing
Release Date :
The Economics Of Sports Betting written by Plácido Rodríguez and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.
This unique book delves into a number of intriguing issues and addresses several pertinent questions including, should gambling markets be privatized? Is the ‘hot hand’ hypothesis real or a myth? Are the ‘many’ smarter than the ‘few’ in estimating betting odds? How are prices set in fixed odds betting markets? The book also explores the informational efficiency of betting markets and the prevalence of corruption and illegal betting in sports.
Why Don T Spiders Stick To Their Webs
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Author : Robert Matthews
language : en
Publisher: Simon and Schuster
Release Date : 2011-10-01
Why Don T Spiders Stick To Their Webs written by Robert Matthews and has been published by Simon and Schuster this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-10-01 with Science categories.
What happens if you fall into a black hole? Which properties give you the best chance of winning Monopoly? And why is it always so difficult to get ketchup to come out of a full bottle? Award winning science writer Robert Matthews provides answers to the most baffling, intriguing, and occasionally downright trivial questions submitted by members of the general public. From the mysterious fate of odd socks to the farthest reaches of the universe, this collection unravels the science behind the world around us. Entertaining, enlightening, and often inspired, this book is a must-read for all inquisitive minds.