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Reddit mentions of Calculated Bets: Computers, Gambling, and Mathematical Modeling to Win (Outlooks)

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We found 1 Reddit mentions of Calculated Bets: Computers, Gambling, and Mathematical Modeling to Win (Outlooks). Here are the top ones.

Calculated Bets: Computers, Gambling, and Mathematical Modeling to Win (Outlooks)
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Found 1 comment on Calculated Bets: Computers, Gambling, and Mathematical Modeling to Win (Outlooks):

u/savinoxo ยท 1 pointr/dota2loungebets

You need to know some programming to develop a model, if you learn web scraping that will be enough to gather data for a model. You should be able to learn how to do this online.

For books, I'd highly recommend reading these:

Fortune's Forumula - A great book about the Kelly Criterion but touches on a whole range of subjects, a fantastic read.

The Signal and the Noise - Very famous book about prediction in general.

Conquering Risk - Very good book about sports betting (relatively unknown)

Calculated Bets - About creating a model and automated betting system for a relatively unknown sport.

Who's #1? - A book about rankings systems, aimed at ranking sports teams but the authors previously wrote a book on ranking websites (like google search algorithm type stuff). The basis for my dota model came from this book.


I'd recommend everyone to read Fortune's Formula and The Signal and the Noise, even people not interested in modelling. They're both awesome reads.

Calculated bets is a pretty cool read if you're interested in modelling, the author has a really quirky writing style that's entertaining.

Conquering risk is basically about exploiting bookmakers, picking off mistakes. Not really about modelling but still pretty cool.

Who's #1 is a really good intro to making a model for predicting sports imo, there's some very simple ones that will get you started.