Mathematics & Betting: Is it Possible to Combine Them?
Mathematics and sports are often considered by usual people as something completely separate from each other to say nothing about the betting industry. Nevertheless, it is still possible to apply mathematics in gambling in order to get benefits from it. To make sure that it is true, let us take a look at the book called Soccermatics that gives evidence of the serious connection between soccer and the science.
The book was written by David Sumpter, a rather successful gambler. It was in the very beginning of his betting career when he understood that soccer and gambling had much more touch points than anyone could imagine. For him, it did not matter where to apply the mathematical modelling; the key question was to find a possibility to earn money at Soccermatics.
Complex Ideas in Simple Terms
In fact, there are a lot of works dedicated to the combination of the two fields, but none of them has such a fame as Soccermatics has. The given phenomenon can be explained by the fact that the book is written in a simple language that is understood by everyone. Thus, it is not necessary to be either a professional bettor or a PhD in Mathematics to get benefits out of the book.
Also, such a great success can be explained by author’s wide mindset and passion penchant for placing wagers. Combining these skills results in the fact that David manages to discover amazing similarities between sports and real-world events, which makes the book a unique work to get acquainted with. For instance, Sumpter compares slime mould networks with the style Barcelona plays or lioness hunting with the way defenders limit their opponents’ space. To tell the truth, these were just few examples; the book presents much more of them for soccer betting.
The book’s first pages provide its readers with questions that are quite interesting for all the gamblers. Thus, the author wonders why oddsmakers offer such attractive spread bets and why it is extremely difficult to beat the odds. Though some readers can have a desire to skip the book body and start reading final pages in order to find out answers for the above questions, it is strictly recommended to read every page of the book because quite useful information can be found there. For example, the body contains authors’ pieces of advice on how to apply such mathematical phenomena as histograms, tactical maps, and algorithms to betting. Moreover, he proves that not only they can make betting more successful but also help gamblers to increase their betting knowledge.
Though even Sumpter’s father and other people were leery of applying mathematics to soccer betting because of the straightforward and simple nature of the game, that author tries to explain why some players are more important for team performance than others do, how different formations can influence a final outcome, and even the role of chants for a soccer match atmosphere.
Mathematical Models in Betting
As it has been already mentioned, the book contains a lot of useful information. With this, the author dedicated an entire chapter to pure soccer betting and trying to beat oddsmakers. Thus, he provides his readers with exhaustive information on how bookmakers work and how to get gambling benefits. Further on, he introduces more sophisticated methods and strategies that are designed to obtain guaranteed benefits. For example, it refers to such gambling phenomena as Poisson distribution, Kelly Criterion, Green Lumber Fallacy, and others.
- We make dozens of free sports predictions every day.
One of the most important things concerning the given book is that it is completely based on personal experience, Thus, if Sumpter tried a strategy or method and explored that it was completely useless, he indicated this information in the book in order to prevent his followers from making the same mistakes as those made by him.
Further Improvement of Betting Skills
Final chapters of the book can be extremely useful for gamblers who want to increase their betting proficiency. Also, there can be found the information concerning the psychological aspects of the betting industry where the author explains such ideas as favorite-longshot bias and how usual gamblers can be easily fooled.
- Find the best odds for sports betting.
The last part of the book is dedicated to assisting bettors in understand ways of how odds for unusual markets are formed. Thus, it is described how usual gamblers can earn money at corners betting, draw betting, and placing wagers on bookings. Thus, it is possible to say that the book is equally useful both for experienced and novice gamblers; if, however, you want to become a professional punter, you must work much harder than just reading a book even if it is extremely helpful.