Top 1 results related to the keyword tag betting | INOMICS - El sitio para economistas
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Discover 1 opportunities in betting

1
    • Blog Post
    • Posted 6 years ago

    The Economics of Match Betting

    One area of life that is greatly influenced by economics but you might not think of as a typical economics topic is sports and match betting. Gambling on sporting events is a huge international multimillion dollar industry covering gambling from traditional betting events like dog or horse races to modern betting outfits that let you place bets on everything from how many goals will be scored in a given match to which players will be picked for a draft. As betting on sports events is essentially an exercise in modelling and probability, we can use the lens of economics to understand more about how match betting works.

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