Mathematics of Spread Betting
The mathematical analysis of spreads and spread betting is a large and growing subject. For example, sports that have simple 1-point scoring systems (e.g., baseball, hockey, and soccer) may be analysed using Poisson and Skellam statistics.
Read more about this topic: Spread Betting
Famous quotes containing the words mathematics of, mathematics, spread and/or betting:
“Why does man freeze to death trying to reach the North Pole? Why does man drive himself to suffer the steam and heat of the Amazon? Why does he stagger his mind with the mathematics of the sky? Once the question mark has arisen in the human brain the answer must be found, if it takes a hundred years. A thousand years.”
—Walter Reisch (1903–1963)
“The three main medieval points of view regarding universals are designated by historians as realism, conceptualism, and nominalism. Essentially these same three doctrines reappear in twentieth-century surveys of the philosophy of mathematics under the new names logicism, intuitionism, and formalism.”
—Willard Van Orman Quine (b. 1908)
“There’s Margaret and Marjorie and Dorothy and Nan,
A Daphne and a Mary who live in privacy;
One’s had her fill of lovers, another’s had but one,
Another boasts, “I pick and choose and have but two or three.”
If head and limb have beauty and the instep’s high and light
They can spread out what sail they please for all I have to say....”
—William Butler Yeats (1865–1939)
“What is faith but a kind of betting or speculation after all? It should be, “I bet that my Redeemer liveth.””
—Samuel Butler (1835–1902)