Fixed Odds Sports Betting: Statistical Forecasting and Risk Management

Few people manage to make money from gambling; fewer still make a living from it. Written for hardened and novice sports bettors alike, Joseph Buchdahl's Fixed Odds Sports Betting examines, through various numerical techniques, how fixed odds punters may learn to beat the bookmaker, protect profits through a sensible approach to risk management, and turn high-risk gambling into a form of low-risk investment.

Fixed Odds Sports Betting investigates:

• Markets in fixed odds sports betting
• The bookmaker's overround
• Value betting
• Ratings systems for sports prediction
• Profitability and risk
• Singles versus accumulators
• Staking plans and money management
• The favourite-longshot bias
• Sports advisory services
• Betting records and their significance testing

• Publisher: Oldcastle Books Ltd
• ISBN: 9781843440192
• Number of pages: 224
• Dimensions: 198 x 129 mm