This book presents a comprehensive treatment of pricing and hedging soccer betting contracts using the modern techniques of probability, statistics, finance, and portfolio management. It introduces betting in general and then addresses the probabilistic intuition needed in the more complex world of soccer betting. The author presents an innovative perspective by thinking about betting odds in terms of the expected number of goals of both teams. In addition, when the betting market is in play, the book treats betting before the game and during the game separately.
- ISBN10 143988420X
- ISBN13 9781439884201
- Publish Date 31 December 2023 (first published 15 April 2017)
- Publish Status Forthcoming
- Publish Country US
- Publisher Taylor & Francis Inc
- Imprint CRC Press Inc
- Format Paperback
- Pages 226
- Language English