General Betting
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When certain firms say they use these to predict various outcomes in a football match, do they mean by using such as standard deviation, null hypothesis etc or do they mean analysing various sources of information based on a particular league for example Norwegian football has a high percentage of goals in a game 75% of matches are over 3.5 goals and use this as a good assumption to place a bet?
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It would have to be the former for certain otherwise they open themselves up to being taken apart by the numbers players.
Obviously individual league data would be fed into whatever model they were using etc etc. I'm sure there are people here that could elaborate more.
Statistical analysis imo is the start of the selection process though, not the end.
g/l
Obviously individual league data would be fed into whatever model they were using etc etc. I'm sure there are people here that could elaborate more.
Statistical analysis imo is the start of the selection process though, not the end.
g/l
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