Category Archives: FIFA

Scientific Gambling – Bayesian prediction & betting results from FIFA World Cup 2018

32 teams, 64 games.  3 different ranking models tested, FIFA’s official, a “wisdom-of-crowds” (static), and a dynamic version of the wisdom-of-crowds model. Prediction results: 67% of game outcomes correctly predicted. Betting results best strategy (max probability), with uniform betting on … Continue reading

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