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RE: Mathematicians beat the bookies.

in #science7 years ago

This is an interesting post. Bookmakers purposely put out odds to attract new players and these mathematicians were able to identify those situations and bet accordingly. This is an excellent use of math. In this article, you say that bookmakers use their tools to accurately predict the outcome of the game, but isn't it more important that they accurately predict where people will bet? From my limited understanding of bookmaking, isn't their goal to get even money on both sides of their lines and make money on the vig?

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Inscrutable ways bookie.

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