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Poisson distribution in betting is used to calculate the frequency of any occurrence in a game. In this article, you 👍 will learn how to calculate the probability of any score in football, and how to use it to calculate who 👍 is likely to win.
What is Poisson Distribution in Betting?
Poisson distribution was developed by 19th century French mathematician Siméon Denis Poisson. 👍 It is a probability theory that uses historical sports data to predict the outcome of a sports event. It measures 👍 the likelihood of how many times an event will occur during a specific period.
This may seem complicated to someone who 👍 has no background in maths, but it is actually a fairly simple method. To put it simply in terms of 👍 football betting, Poisson distribution can help you predict how likely each number of goals scored is.
Why is Poisson Distribution Important?
Chip Romig, MMR 423
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