Soccer Punters Who Bets And Which Bias Is Produced

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Soccer Punters - Who Bets and Which Bias Is Produced

Author : Farshid Bröker
Publisher : GRIN Verlag
Page : 77 pages
File Size : 45,7 Mb
Release : 2012-05-06
Category : Business & Economics
ISBN : 9783656184034

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Soccer Punters - Who Bets and Which Bias Is Produced by Farshid Bröker Pdf

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

Author : David Sumpter
Publisher : Bloomsbury Publishing
Page : 288 pages
File Size : 44,7 Mb
Release : 2016-05-05
Category : Mathematics
ISBN : 9781472924155

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Soccermatics by David Sumpter Pdf

'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

Author : Joe Buchdahl
Publisher : Oldcastle Books
Page : 521 pages
File Size : 47,8 Mb
Release : 2013-01-25
Category : Games & Activities
ISBN : 9781843440680

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How to find a Black Cat in a Coal Cellar by Joe Buchdahl Pdf

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

Author : Leighton Vaughan Williams,Donald S. Siegel
Publisher : Oxford University Press
Page : 752 pages
File Size : 48,6 Mb
Release : 2013-11-12
Category : Business & Economics
ISBN : 9780199376629

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The Oxford Handbook of the Economics of Gambling by Leighton Vaughan Williams,Donald S. Siegel Pdf

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

The Economics of Sports Betting

Author : Plácido Rodríguez,Brad R. Humphreys,Robert Simmons
Publisher : Edward Elgar Publishing
Page : 128 pages
File Size : 55,9 Mb
Release : 2024-07-01
Category : Electronic
ISBN : 9781785364556

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The Economics of Sports Betting by Plácido Rodríguez,Brad R. Humphreys,Robert Simmons Pdf

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.

The Ten Equations That Rule the World

Author : David Sumpter
Publisher : Flatiron Books
Page : 336 pages
File Size : 51,5 Mb
Release : 2021-08-24
Category : Business & Economics
ISBN : 9781250246974

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The Ten Equations That Rule the World by David Sumpter Pdf

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.

Sports Betting to Win

Author : Steve Ward
Publisher : Harriman House Limited
Page : 167 pages
File Size : 46,8 Mb
Release : 2011-03-03
Category : Games & Activities
ISBN : 9780857191205

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Sports Betting to Win by Steve Ward Pdf

Thinking, and betting, like the pros "Most people in sports betting are looking at things the wrong way." - Peter Webb, founder of Bet Angel "Some people only ever seem to want to hit the sexy six, and not take the singles" - Compton Hellyer, founder of Sporting Index This is a book that teaches you how to bet on sports with the same discipline and mindset as the professionals. Lots of books and websites give advice on profitable strategies - and tipsters and systems proliferate. But this is the only guide that helps you make your trades and bank your wins for the long term, avoiding the perennial dangers of overconfidence, irrationality and emotion. However successful your selections, you are never safe from crippling losses until you know how to bet with the clear head and calm approach of the masters. The simple fact is that most people betting on sports lose over the long term. Performance errors currently hamper the majority of bettors: they lose their bets because they first lose their heads.The only answer is to think differently. With chapters ranging across motivation, performance analysis, the betting process and going pro, this book is the definitive guide to achieving this: - Use dozens of exercises to sharpen your thinking and refine your betting processes. - Share in the exclusive insights of professional sports bettors, who reveal for the first time how they have built successful gambling careers. - Benefit in every chapter from one-to-one training from the author, a professional sports and trading performance coach. Sports Betting to Win is your own personal course for establishing a firm psychological foundation for long-term betting success.

Squares & Sharps, Suckers & Sharks

Author : Joseph Buchdahl
Publisher : Oldcastle Books
Page : 433 pages
File Size : 47,6 Mb
Release : 2016-05-27
Category : Games & Activities
ISBN : 9781843448594

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Squares & Sharps, Suckers & Sharks by Joseph Buchdahl Pdf

People have been gambling, in one form or another, for as long as history itself. Why? Money, entertainment, escape and a desire to win are all traditional explanations. Arguably, however, these are secondary considerations to a higher order purpose: a craving for control. Gambling offers a means of gaining authority over the unknown, granting us a sense of control over uncertainty. Almost always that sense is illusionary - gambling, including betting and investing, is essentially random - yet for many it is nonetheless profoundly rewarding. This book attempts to explore the reasons why. Along the way, it examines: The science of probability and uncertainty; Why gambling is often condemned; The difference between expectation and utility; The irrationality of human beings; Evolutionary perspectives on gambling; Luck and skill; Market efficiency and the wisdom of crowds; Why winners take all; Cheating; Why the process matters more than the outcome.

Why Don't Spiders Stick to Their Webs?

Author : Robert Matthews
Publisher : Simon and Schuster
Page : 256 pages
File Size : 43,7 Mb
Release : 2011-10-01
Category : Science
ISBN : 9781780740027

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Why Don't Spiders Stick to Their Webs? by Robert Matthews Pdf

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.

Betting to Win

Author : Leighton Vaughan Williams
Publisher : No Exit Press
Page : 0 pages
File Size : 40,7 Mb
Release : 2003-01-11
Category : Gambling
ISBN : 1843440156

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Betting to Win by Leighton Vaughan Williams Pdf

Drawing on academic research, this book explains the various betting forums and techniques available to aid a professional betting strategy for all levels of punters. It covers the wide variety of fixed-odds markets across the world, but also spread betting, pari-mutuel, and Tote betting, and focuses also on the recent explosion of interest in person-to-person betting exchanges.

Specific Surface Area, Langmuir, BET

Author : Amalia Aventurin
Publisher : GRIN Verlag
Page : 27 pages
File Size : 49,7 Mb
Release : 2014-04-25
Category : Science
ISBN : 9783656644798

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Specific Surface Area, Langmuir, BET by Amalia Aventurin Pdf

Seminar paper from the year 2013 in the subject Geography / Earth Science - Miscellaneous, grade: 2,3, RWTH Aachen University (Lehr- und Forschungsgebiet Geologie - Endogene Dynamik), course: Structural Geology: Microstructural Analysis, language: English, abstract: The specific surface area it is a physically and chemically important parameter of porous materials. It is most commonly determined by gas sorption isotherms. Two of these – The Langmuir- and BET-isotherms – are evaluated in this exercise.

The Economist

Author : Anonim
Publisher : Unknown
Page : 1886 pages
File Size : 42,9 Mb
Release : 1996
Category : Commerce
ISBN : UVA:X002765547

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The Economist by Anonim Pdf

Southern Economic Journal

Author : Anonim
Publisher : Unknown
Page : 588 pages
File Size : 42,7 Mb
Release : 2010
Category : Economics
ISBN : CORNELL:31924112340322

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Southern Economic Journal by Anonim Pdf