Statistical Analysis of Betting Phenomenon: Why is “Always” just a Single Pair Missing (CROSBI ID 595932)
Prilog sa skupa u zborniku | izvorni znanstveni rad | međunarodna recenzija
Podaci o odgovornosti
Budimir, Ivan ; Jelaska, Igor
engleski
Statistical Analysis of Betting Phenomenon: Why is “Always” just a Single Pair Missing
Modern sociological and psychological studies are clearly pointing on the problems of increased usage of services provided by bookmaker’s places. In that context, relations between the coefficients of the options and the likelihood of an event options are described. Phenomenon of frequent absence of a single pair is identified and assumptions are made in the context of the strategy "average good" bookmaker. By using the mechanisms of the probability theory, the betting process is formally described by binomial random variable and, the statistical explanation of the phenomenon of frequent absence of one pair at betting is given exactly. The analysis clearly indicates that the occurrence of a missing couple is not a coincidence or an accident that players tend to interpret the circumstances described, but awaited event associated with the probability distribution. In accordance to given results, it is of great interest to integrate obtained results into the sociology of sport and psychology of sport educational processes.
betting; statistics; binomial distribution; sociology of sport; psychology of sport
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Podaci o prilogu
603-607.
2013.
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objavljeno
978-86-6353-000-3
Podaci o matičnoj publikaciji
Proceedings book : Exercise and Quality of Life
Madić, Dejan
Novi Sad: Novi Sad : Alfa Graf
Podaci o skupu
3rd International Scientific Conference Exercise and Quality of Life
predavanje
12.04.2013-13.04.2013
Novi Sad, Srbija