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Math for sports betting/bookmaking Math for sports betting/bookmaking

05-06-2022 , 05:05 PM
Hi guys,

Me and a friend seem to vaguely recall a certain kind of math that apparently is really important for bookmaking and some people go to school to study it, but we can't remember what it's called. Do you guys know of something that sounds like that and the name for it?

Sorry for the vagueness I just thought it would be worth a shot lol

Thanks
Math for sports betting/bookmaking Quote
05-06-2022 , 06:57 PM
Predictive modeling?
Math for sports betting/bookmaking Quote
05-07-2022 , 05:42 PM
Quote:
Originally Posted by stoffmakers
Predictive modeling?
nope. sorry
Math for sports betting/bookmaking Quote
05-08-2022 , 02:26 AM
Risk management
Math for sports betting/bookmaking Quote
05-08-2022 , 11:18 AM
Probability and statistics would be the most common fields of study. Combinatorics is a wider field in math that covers many ideas including groupings and outcomes. More gambling-specific terms are Dutch book, fixed-odds betting, overround/vigorish. The topics are more common in Europe and Australia than in North America.
Math for sports betting/bookmaking Quote
06-02-2022 , 06:53 PM
after week 8? yards per point... =)
Math for sports betting/bookmaking Quote
06-10-2022 , 06:35 PM
no winners so far
Math for sports betting/bookmaking Quote
06-11-2022 , 01:40 AM
Quantitative analysis?
Math for sports betting/bookmaking Quote
06-13-2022 , 05:11 AM
Multiplication and division?
Math for sports betting/bookmaking Quote

      
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