I'm glad you liked post. With regards to sport betting systems, you do indeed need to have a firm grasp on probability and statistics. I have worked in so many industries from banking through insurance, and medical. However, no industry has required me to have as much knowledge of mathematics as sport betting. A large part of building sport betting systems is building risk management and that's where things get really interesting. I've heard of some sport betting companies having a team of actuaries to assist in this regard.
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great post, it says you develop sport betting systems, do you need a good knowledge of probability and statistics to do that ?
I'm glad you liked post. With regards to sport betting systems, you do indeed need to have a firm grasp on probability and statistics. I have worked in so many industries from banking through insurance, and medical. However, no industry has required me to have as much knowledge of mathematics as sport betting. A large part of building sport betting systems is building risk management and that's where things get really interesting. I've heard of some sport betting companies having a team of actuaries to assist in this regard.