Full metadata
Title
Examining the Difference in Profitability Between Two Popular Sports Betting Strategies: Arbitrage and Positive Expected Value Betting
Description
Through a case study analysis of the 2023 MLB season, I compare the profitability of two popular sports betting strategies: arbitrage betting and positive expected value betting. Neither strategy proved exceedingly profitable over the duration of my experiment; however, both proved to be more profitable than casual sports betting. Not only were both methods of sports betting less profitable than expected, but sports books also have intuitive strategies to counteract advantage players on their platform.
Date Created
2024-05
Contributors
- Reed, Jocef (Author)
- Kazemi, Maziar (Thesis director)
- Pierce, John (Committee member)
- Barrett, The Honors College (Contributor)
- School of Life Sciences (Contributor)
Topical Subject
Resource Type
Extent
21 pages
Copyright Statement
In Copyright
Primary Member of
Peer-reviewed
No
Open Access
No
Series
Academic Year 2023-2024
Handle
https://hdl.handle.net/2286/R.2.N.191237
System Created
- 2024-01-09 05:50:23
System Modified
- 2024-03-27 02:51:07
- 7 months 4 weeks ago
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