Robiglio, Alberto (A.A. 2023/2024) Optimal proportional play: the Kelly criterion and its application to sports betting. Tesi di Laurea in Gambling: probability and decision, Luiss Guido Carli, relatore Hlafo Alfie Mimun, pp. 64. [Bachelor's Degree Thesis]

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Abstract/Index

Superfair, fair and Subfair games. Law of large numbers and central limit theorem. Martingales. Stochastic processes and filtration. Martingales, supermartingales and submartingales. Betting system. Betting system in Superfair games. Betting system with Martingale theory. Optimal proportional play. Kelly criterion in Superfair games. Finding f∗. Wagers with three possible outcomes: win, loss or push. Kelly criterion in sports betting. Horse racing. Modern portfolio theory and Kelly criterion applied to basketball and soccer data.

References

Bibliografia: pp. 53-54.

Thesis Type:	Bachelor's Degree Thesis
Institution:	Luiss Guido Carli
Degree Program:	Bachelor's Degree Programs > Bachelor's Degree Program in Economics and Business, English language (L-33)
Chair:	Gambling: probability and decision
Thesis Supervisor:	Mimun, Hlafo Alfie
Academic Year:	2023/2024
Session:	Summer
Deposited by:	Alessandro Perfetti
Date Deposited:	13 Nov 2024 11:54
Last Modified:	13 Nov 2024 11:54
URI:	https://tesi.luiss.it/id/eprint/40375

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