E57 - Beating the Bookies with their own Numbers

E57 - Beating the Bookies with their own Numbers

Episode 57 - Lisandro Kaunitz and Javier Kreiner

Lisandro and Javier discuss a research paper they wrote about the online sports betting market.

They designed a strategy to beat bookmakers with their own numbers. The strategy proved profitable in a 10-year historical simulation using closing odds, a 6-month historical simulation using minute to minute odds, and a 5-month period during which they staked real money with the bookmakers (the code, data and models are publicly available). They also describe their betting experience to illustrate how the sports gambling industry compensates these market inefficiencies with discriminatory practices against successful clients.

Research Paper - https://arxiv.org/abs/1710.02824

Season 3 is proudly sponsored by Betfair Pty Limited.

Betfair operates a betting exchange and is licensed in the Northern Territory, Australia.

Join by clicking here : https://www.betfair.com.au/extensions/redir/BOBPOD/2 and entering code BOBPOD.

The Betfair exchange isn’t a house that sets the odds, it’s betting at it’s purest. One punters opinion against another’s. Play the game within the game and join today Residents of Australia can join Betfair by visiting betfair.com.au and support this podcast by using promo code BOBPOD.

Hosted on Acast. See acast.com/privacy for more information.

Episoder(287)

E285 - Jordan Bender from Citizens

E285 - Jordan Bender from Citizens

On this episode of the Business of Betting Podcast, Jeff Edelstein is joined by Jordan Bender, Senior Equity Research Analyst at Citizens, for a deep dive into the rapidly evolving sports betting and ...

2 Apr 34min

E284 - Patrick Mostboeck from Sportradar

E284 - Patrick Mostboeck from Sportradar

On this episode of the Business of Betting Podcast, Jeff Edelstein is joined by Patrick Mostboeck, SVP of Fan Engagement at Sportradar, for a conversation on how sports data powers the global betting ...

26 Mar 27min

E283 - Chris Christie

E283 - Chris Christie

On this episode of the Business of Betting Podcast, Jeff Edelstein is joined by Chris Christie, former Governor of New Jersey, for a wide-ranging conversation on the legalization of sports betting in ...

19 Mar 27min

E282 - Joe Maloney from Sports Betting Alliance

E282 - Joe Maloney from Sports Betting Alliance

On this episode of the Business of Betting Podcast, Jeff Edelstein is joined by Joe Maloney, President of the Sports Betting Alliance to discuss the policy battles shaping the future of regulated spor...

12 Mar 38min

E281 - Peter Overzet from Fantasy Life

E281 - Peter Overzet from Fantasy Life

On this episode of the Business of Betting Podcast, Jeff Edelstein sits down with Peter Overzet, fantasy sports personality, content creator, and entrepreneur, for a candid conversation on creativity,...

5 Mar 33min

E280 - Isaac Rose Berman

E280 - Isaac Rose Berman

On this episode of the Business of Betting Podcast, Jeff Edelstein is joined by Isaac Rose Berman, gambling policy fellow, writer, and bettor, for an in-depth conversation on youth exposure to gamblin...

26 Feb 42min

E279 - Seth Young from High Roller

E279 - Seth Young from High Roller

On this episode of the Business of Betting Podcast, Jeff Edelstein is joined by Seth Young, CEO of High Roller, for a wide-ranging conversation on prediction markets, public company dynamics, regulati...

19 Feb 31min

E278 - Michael "Mando" Anderson from Yeet

E278 - Michael "Mando" Anderson from Yeet

On this episode of the Business of Betting Podcast, Jeff Edelstein is joined by Michael “Mando” Anderson, Co-founder of Yeet and longtime crypto entrepreneur, for a wide-ranging conversation on crypto...

13 Feb 31min

Populært innen Sport

fastlegen
ballspark
rss-gukild-johaug
alt-fortalt
fotballpodden-2
tv-2-spiss-vinkel
viaplay-motor-pod
fotballpreik
rabona
breaking-marathon-limits
tv-2-hockeyprat
united-we-podkast
puckpodden
viaplay-premier-league-pod
lopeprat
liverpoolno-pausepraten
treningspodden
unitedno
rotsekk-en-podcast-i-sort-hvitt
tv-2-sykkelpodden