Mathematicians have figured out how to outwit the bookies

Mathematicians have figured out how to outwit the bookies

Scientists from Japan and Brazil proposed a new algorithm to guess the optimal bet on a football match.

Their study they posted on the website of the ArXiv preprints.

The authors studied the results of approximately half a million football matches for ten years, and the classifications made by 32 bookies.

For each game they took a bet that could give more income than the average hands of the bookmakers. Scientists have tried to deduce the optimal “distance” from the average situation, which would give the winnings to the maximum number of games.

The researchers tested their algorithm using simulation, and a profit of 3.5%, despite the fact that the random rates give a net loss of 3.32%. After that, they applied the system in practice, bets on future football matches. They put on $50 about 30 times a week for five months. Profit was $957.50 and 8.5%. Part of it went to pay for special services where you can monitor rates in real time.

“We were delighted, but be warned — you will have to spend a lot of time on it,” warned one of the authors, Lisandro of Kaunitz from the University of Tokyo.

Scientists compare this method with the card account — it uses mathematics and, although it may be considered unfair, is not expressly prohibited. Despite this, the authors of the algorithm has limited opportunity to bet, when it began to show noticeable results.