CCNY professor Jacek Dmochowski breaks down science of sports betting
It’s a dilemma that many a regular bettor probably faces often -- deciding when to place a sports bet. In a study entitled “A statistical theory of optimal decision-making in sports betting,” Jacek Dmochowski, Associate Professor in the Grove School of Engineering at The City College of New York, provides the answer. His original finding appears in the journal PLOS One.
“The central finding of the work is that the objective in sports betting is to estimate the median outcome. Importantly, this is not the same as the average outcome,” said Dmochowski, whose expertise ...








