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OT: Estimating win probability from multiple bookmakers' odds

Posted By: Jake Jacobs
Date: Sunday, 4 November 2012, at 4:17 a.m.

In Response To: OT: Estimating win probability from multiple bookmakers' odds (lenny)

Back in 2004 friend of mine, a successful gambler, plunked enough on John Kerry after each debate to make it appear he had "momentum." I guess it didn't work. :-( One conservative pundit figured out what was going on, but because of the sums involved incorrectly attributed it to George Soros.

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