Sports betting and math

Betting, sports, math, probability, calculations, etc.

Sports betting, math, probability, calculations and mathematical proofs to explain, detail, demystify, and understand the math behind sports betting (and even betting in genral) and math formulas and other strategies related to sports betting.
There are two components in sports betting: The entire program on this site focuses on the mathematical component which complements the sports component; maths and sport being very complementary here , see also below: progress in sports betting: maths?.
All mathematical calculations and developments are presented in detail on this site.

Objective:
explain and understand how sports betting really works, mathematically, in order to be able to test and adapt its own methods, and, why not, succeed in earning a salary and making a living from sports betting.

Because, unlike Shakespeare in Macbeth
"And, you all know, security
Is mortals chiefest enemy.
William Shakespeare / Macbeth

it's an objective in sports betting to look for security and secure your bet.

Many calculators are also present and can be used, simply and online, to automatically calculate, or simulate, a particular strategy in order to be able to test and adapt your betting ideas.

Math can clearly help you win at sports betting, although this point deserves to be explained in more detail.
In particular, to begin with, mathematics can avoid falling into certain errors: gambler's errors or other fallacious cognitive biases.

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Progress in sports betting: Mathematics ?

When you are just starting an activity, surfing or poker for example, you generally don't ask yourself many questions from the beginning: you take the plunge, you splash around, you bet hard when you have a pair of aces because it seems very strong or by folding directly with a game that seems weak to "not take any risks". In short, you discover, spend time in the water, with overall investment decreasing regularly, but you discover and have fun... this is clearly not very effective if you also have a small (or big!) desire to win: you don't win that often with a pair of aces or you win with them, but ultimately not very much. So how can one win more, when one wins, and lose less, when one loses? This is called optimizing your bets to earn more, and secure your bets to lose less by anticipating pronostic errors.

Secondly, you start to document yourself, to do research: how to get on your surfboard correctly, to keep your balance, when to bet more or less heavily, how to bluff, etc. At this stage you come across ready-made recipes that tell you how to do this or that thing, in this or that way. Methods that work more or less, expert techniques (it seems), "grandmother's" recipes. You are starting to hear about probabilities, that "judicious" bets are linked to them, but not necessarily always... In short, you have recipes, but you don't see them very clearly, you don't understand them completely and it is therefore difficult to adapt to all situations, to be able to think about best strategy.
You hear about martingales, using which you will win every time but which, apparently, are not used (otherwise everyone would be rich, except the betting sites and bookmakers).

Finally, thirdly, if you really want to progress, learn and understand, you must take a serious look at how it works: as soon as chance is directly or indirectly involved, as in sports betting (and poker for that matter). ), this is the mathematical calculation of probabilities.
To progress, which is a way to say "earn more" in the context of sports betting or other games of chance, you must dissect the definition and the very functioning of odds, the math behind these calculations, understand the mathematics of betting and winnings, as well as betting strategies and formulas (of which martingales are an example).

For example, we find everywhere the link between odds and probability: they are the reciprocal of each other. All right. But where does this mathematical relationship come from? Okay, the greater the probability, the smaller the odds should be. Certainly, but why this relationship precisely ? and above all finally, what consequence, what does it mean in practice when I bet, and what can I hope for ? This is the first thing that is discussed here in the article mathematical relationship between odds and probability.

Before talking about the possibilities of betting with ensure gain (or surebet) and what constitutes the fundamental principle of a winning strategy, value betting, then gaming strategies, sure-winning strategies ( martingales), and finally, global strategies that are profitable in the long term which will allow both playing (having fun!) to be a winner overall and even to imagine winning big (by controlling the risks therefore): see the strategies.
You might as well be warned right away, there is a certain personal investment involved in order to understand and master the workings (maths & proba!) of betting and derive a winning method in the long term. On this site, the mathematical calculations are all detailed, prooved, updated; they constitute the heart of how betting works. Understanding them certainly allows you to progress and improve your overall gaming strategy and, why not by persevering in this direction, ultimately manage to live off your winnings!?


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