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09 Maths and Stats

Jumping on Board the Winners

31 July 2008 | About Betfair Education

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 | Comment now

Regression to the mean

31 July 2008 | About Betfair Education

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 | Comment now

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