Wed, 11 Dec 2013

18:00 - 19:00
L2

A Mathematical Path to a Professional Betting Career - OCCAM Public Lecture

Professor Alistair Fitt
(Oxford Brookes University)
Abstract

Question: Is it a realistic proposition for a mathematician to use his/her skills to make a living from sports betting? The introduction of betting exchanges have fundamentally changed the potential profitability of gambling, and a professional mathematician's arsenal of numerical and theoretical weapons ought to give them a huge natural advantage over most "punters", so what might be realistically possible and what potential risks are involved? This talk will give some idea of the sort of plan that might be required to realise this ambition, and what might be further required to attain the aim of sustainable gambling profitability.

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