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Probability and Statistics in Sports Betting
Learn to read betting odds as implied probabilities, see how the bookmaker margin shifts them, and why statistics never remove the uncertainty in sport.
Money, Risk and Mind
Odds and statistics in sports, fantasy and markets.
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Learn to read betting odds as implied probabilities, see how the bookmaker margin shifts them, and why statistics never remove the uncertainty in sport.
Understand common esports statistics such as win rates, map records and series formats, and why sample size, patches and opponents change how they read.
See how a bookmaker's quoted odds add up to more than 100 percent, how to calculate the overround, and what the margin means for the average bettor.
A clear guide to decimal, fractional and American odds, with simple formulas and a conversion table so you can translate any price into a probability.
How probability and statistics apply to stock market games and market simulations, and the key ways a game differs from real investing with real money.
Use projections, variance and matchups to think about fantasy football lineup decisions, with simple examples of floors, ceilings and uncertainty.
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