The Commercial Mechanisms of Sports Betting Markets
| Autor: | Jih-An Tai, 戴致安 |
|---|---|
| Rok vydání: | 2013 |
| Druh dokumentu: | 學位論文 ; thesis |
| Popis: | 101 There are many business opportunities in sports betting market. Foreign sports betting platforms are good; therefore, this study hopes to complete commercial mechanisms and improve domestic platforms through learning from foreign advantages. The study discusses the platforms by simulating game odds of developing, formulating operating rules, and establishing commercial mechanisms. To figure out which distributions are appropriate to sports games, the study decided to establish odds by using Poisson difference distribution model and also tested if the data was proper by statistical tests. This study develops the operating principles of platforms to formulate the principles. The result shows that the platforms can be operated by the ratio of each game result probability equaling to the ratio of each game result stake. Platforms make profits by commission on total stake. The actual data test whether are identical with the ratio rules, but the actual data are different with the rules. In this process, research found that fifty-fifty ratio fits the ratio rules, so the goal of this study is to make other games become fifty-fifty games. Run line mechanism was introduced in this study. The mechanism was established by logical inference and deduction, so that this study standardized run line mechanism process, which can be applied in other dimensions. |
| Databáze: | Networked Digital Library of Theses & Dissertations |
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