09 Maths and Stats

Jumping on Board the Winners

Betfair Education / 31 July 2008 / Leave a comment

In a previous article we talked about regression to the mean as a way of looking at gambling in the long term. Here we will use the theory to talk about a significant and interesting point of gambling within a...Read more »

Regression to the mean

Betfair Education / 31 July 2008 / 1 Comments

Often confused in the gambling fraternity with the law of averages is the theory of regression to the mean. Theory of regression to the mean suggests that if a player (gambler or team) performs significantly better or worse than normally...Read more »