How Bookmakers Create their Odds, from a Former Odds Compiler

Trademate Sports
Jun 29, 2017 · 12 min read

Matthew’s Background as an Odds Compiler

An Evolving Betting Industry

How Odds Compiling Works

Creating Statistical Models for Sports

The Poisson Distribution for Modelling Sports

The Poisson distribution, commonly used to create models in football.

How Bookmaker’s Business Models and Views on In-House Odds Compiling has Changed

There can only be one Pnnacle

The Future of Odds Compiling


Trademate Sports

Written by

Find your edge, profit from the sports you love. http://tradematesports.com/

Welcome to a place where words matter. On Medium, smart voices and original ideas take center stage - with no ads in sight. Watch
Follow all the topics you care about, and we’ll deliver the best stories for you to your homepage and inbox. Explore
Get unlimited access to the best stories on Medium — and support writers while you’re at it. Just $5/month. Upgrade