Personal tools
 

Optimal strategies in sports betting pools. Part I

— filed under:

Bryan Clair, SLU

What
  • Topology Seminar
When Thu, Sep 15, 2005
from 03:45 PM to 04:45 PM
Where RH 316
Add event to calendar vCal
iCal

Abstract: Every fall, millions of Americans enter betting pools to pick winners of the weekly NFL football games. In the spring, NCAA tournament basketball pools are even more popular. In both cases, teams which are popularly perceived as “favorites” gain a disproportionate share of entries. In large pools there can be a significant advantage to picking upsets that differentiate your picks from the crowd. In this talk I will present a probability model of betting pools that incorporates pool participant behavior. From the model, one can derive strategies that maximize the expected return on a bet in both football and tournament style pools. This talk will focus on football pools, which involve a collection of independent outcomes.

« April 2018 »
April
SuMoTuWeThFrSa
1234567
891011121314
15161718192021
22232425262728
2930
Upcoming Events
PhD Oral Defense
Thu, Apr 26, 2018
Finite, fiber-preserving group actions on orientable Seifert manifolds Benjamin Peet, SLU
PhD Oral Exam
Fri, Apr 27, 2018
Leavitt Path Superalgebras Katie Radler, SLU
Annual Awards Ceremony
Fri, Apr 27, 2018
The 2018 Math & Statistics Department Award Ceremony Featuring Sarah Greenwald, Appalachian State University
Geometry/ Topology Seminar
Tue, May 01, 2018
Necessary and Sufficient Conditions for a Triangle Comparison Theorem, II James Hebda, SLU
Previous events…
Upcoming events…