Calculation of betting office coefficients

Алексей
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Алексей

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Project title: Calculation of betting office coefficients
Type of cooperation: One-time project
Section: Education and consulting
Prepayment: without prepayment
Payment methods: Bank transfer, Electronic money
Acceptance of requests: from until 2022-07-26

Project description:
Offering remote work. It is necessary to build a model on which to calculate the odds of events of the bookmaker office. There are 2 input variables: the odds of the favorite and the underdog (Teams 1 and Teams 2). Based on these data, it is necessary to build coefficients for other markets such as draws, totals, odds, etc. These ratios should be dynamically responsive to rates. For example, if the coefficient of the team is 1 - 2.1, and the teams 2 - 2.2, the person bets on the team 1 how much the odds for the next bet should change to minimize the expenses of the bookmaker or increase revenues.

We need a good mathematician to calculate the motion of the odds, and build a profitable model for the betting company.

Being good at sports is not necessary! We'll explain all the introductory ones.
Project author
Алексей