Published inAnalytics VidhyaThe Mathematical Case for Action Reverse BetsAction Reverse bets offer a compelling alternative to parlays.Oct 14, 2020A response icon2Oct 14, 2020A response icon2
The Sports Betting Industry in 2020: A Tale of Substitute Products & Negative Switching CostsThe US Sports Betting industry has presented startups with a lucrative opportunity to develop innovative products.Aug 23, 2020Aug 23, 2020
An Intro to Monte Carlo Simulation for Sports Betting Risk Management (in Excel)Risk management is one of the most critical but complex functionalities within any sportsbook, requiring increasingly data-driven…Jul 19, 2020A response icon1Jul 19, 2020A response icon1
Building a Minimum Transaction Optimizer (in VBA and Python)Using basic Python or VBA functionality, the process of squaring balances among a large group of participants can be incredibly easy.May 5, 2020May 5, 2020
Published inAnalytics VidhyaPrice Discrimination in Daily Fantasy Sports Contests (using Python)The economics of Daily Fantasy Sports offer an interesting opportunity to review the role of supply and demand in determining…Apr 27, 2020A response icon1Apr 27, 2020A response icon1
The Economics of Parimutuel Sports BettingParimutuel betting pools offer compelling advantages, but the perceived complexity of the model is likely a barrier to near-term adoption.Apr 11, 2020A response icon1Apr 11, 2020A response icon1
An Intro to Odds & NotationA mathematical and theoretical look at the link between gambling and statistical odds.Apr 5, 2020Apr 5, 2020
Published inCoinmonksAn Intro to Blockchain: Crypto Casinos & SportsbooksIntroductionMar 23, 2020A response icon1Mar 23, 2020A response icon1
The Financial Productization of the US Sports Betting MarketThe similarities between sports wagers and traditional assets will foster a sports gaming ecosystem that more closely resembles Wall StreetFeb 26, 2020A response icon1Feb 26, 2020A response icon1
The Case for Exchange WageringWhether placing wagers onshore or offshore, most US sports bettors have only interacted with what is known as a fixed-odds sportsbook…Feb 7, 2020A response icon1Feb 7, 2020A response icon1