SPORTS BETTING STATISTICS
In Sports Betting Statistics we go deeper into the underlying statistics of betting. This is to get a thorough understanding of how probability and betting is two sides of the same coin. In sports betting statistics we go through and explain what these things are:
Expected Value in Sports Betting. We explain what expected value is and how we use this in sports betting.
Variance in Sports Betting. We will show you how to reduce variance to manage your risk.
Bankroll Management and the Kelly Criterion. Here we will show you how to use the Kelly Criterion for stake sizing, which will give you better control of your Bankroll.
Big Data Analysis and the Law of Large Numbers. We will explain how you win on sports betting in the long term and how statistics proves that it’s possible.
Sports Betting Markets. This will give you answers to how sports betting markets works as well as how we can take advantage of this to make profits.
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1. Expected Value in sports betting
Here you will get the answer to what expected value is and how to apply this to your betting.
2. Variance in sports betting
What is variance? Why is it important in sports betting? We will show you how to reduce it to manage risk.
3. BankRoll Management and using the kelly criterion for betting
Here you will find the answers to manage your bankroll and using the Kelly Criterion for stake sizing when you are betting.
4. Big Data Analysis and the Law of Large Numbers in betting
Here we show you why and how a big sample size, or a large amount of trades, are important to win in the long term.
5. Sports Betting Markets
Here you will find the answers to how the sports betting markets work and how we can take advantage of this.