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What is a Bet? How to Calculate Mathematical Advantage?
It is difficult to believe but, there are plenty of people around who have little idea exactly what a bet is or what is meant whenever I mention being interested in betting or the fact that I run a Web site about online football betting.
Obviously...
Calculation of Odds: Probability and Deviation
Calculating odds is a science, and statisticians/analysts, who can do the job competently, receive good annual salaries (GBP 50k-80k; €60k-95k: Quantitative Analyst).
These jobs are paid so well because the results form the backbone of each...
Historical Data: Fixture Results and Bookmaker Odds
Whoever wishes to become a serious gambler and start winning money, or even dreams of making a living from betting, needs to analyse some historical data.
A source in the Internet which is simply a gold mine is www.Football-Data.co.uk. Here...
Heart Beats Brain – Is Accurate Forecasting of Specific Results in Football Matches Possible?
The English Premier League results of 5.2.2011 were simply amazing, at least in the eyes of an enthusiastic football fan like my husband. A record number of goals and not many games finishing with the expected result. The following table shows...
