How is a quota created?

First of all, let me summarise again: The whole of life is a game of probabilities. Even God is sometimes said to play dice. So you see. No one can escape this game, everyone takes part. And everyone bets. You bet too. The state even tells us to bet (compulsory insurance). Here, the payout ratios…

How often does a double come?

How many throws do you really need for a double? Yes, now we have a mathematical chapter and may also calculate undisturbed. Of course, I assume that you have long since calculated the whole thing for yourself and already know what you would have done. To play along or not to play along? And whoever…

How a quota is created

How is a quota created? —- Still to be completely revised from here — Basically, there are two aspects that are responsible for the emergence of a quota. One is the philosophical aspect, the other is the mathematical aspect. The philosophical aspect is that a quota only comes into being because there is, so to…

Independent Events

Independence of events The title sounds really dry. It almost makes you feel like you’re in school, doesn’t it? And if I now pronounce the word “set theory”, the book is guaranteed to end up in the oven for good. Lucky, you don’t have one? I recognise your effort. So the purely mathematical formulation is…

Sales

It is worthwhile to take a look at the turnover. Every company makes its own calculations. That is a matter of course. You have certain expenses, some of them are fixed costs, others are investments. The investments are the risk items. Usually the banks give you the money for that. They estimate the risk for…

Betting Games

There is obviously a lot of enthusiasm among you for measuring predictions. Sure, not for money. You don’t do that kind of thing. Or a small stake from everyone? To determine the winner of the next Bundesliga season? Or the best prophet for the next World Cup or European Championship? Sure, that’s all harmless and…

Tennis

Since I have already explained my approach to football betting and the determination of estimates and odds as well as the subsequent processing of the bets, I would like to do the same for tennis. The approach differs in a few points. And it also offers some mathematical content that can be used in other…

Settlements

It does seem worthwhile to me to devote a separate chapter to this topic. There are too many people who either ask me if I do it or, when I tell them that I do it occasionally, ask what it is all about. And others perhaps ask whether it might not be a business idea…

My System

The expression “my system” is, of course, a great exaggeration. For it is certainly essentially the system with which every professional gambler has to work and it is at the same time the system with which, according to popular opinion, the providers “line their pockets”. The system is therefore basically based on placing one’s money…

The perfect betting game

Now that we have learned the method with which one can check the quality of one’s own predictions even in the long term and neither have to bet money nor have to consult the assessments of other prophets, it is time to think about how to compare the assessments of two to several players, tipsters,…