Understanding Betting Strategy
Applications
2017-06-07 v1
Abstract
In this paper, we present betting strategy of a football game using probability theory. We know all betting houses offer slightly unfair odds towards the player. Here we discuss a simple way to figure out which betting house is offering relatively better odds compared to others for English Premier League. However, this methodology can be adopted for another league football match.
Keywords
Cite
@article{arxiv.1706.01625,
title = {Understanding Betting Strategy},
author = {Kanika Saha and Ananya Lahiri},
journal= {arXiv preprint arXiv:1706.01625},
year = {2017}
}