Time Dependent Markov Chain

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  • Sportslover
    Restricted User
    • 06-04-09
    • 860

    #1
    Time Dependent Markov Chain
    Does anyone have any info on how to build a model that uses a time dependent Markov Chain?

    How would I go about doing this?

    What would be the best program to use?

    Any useful books on this subject?

    When it comes to the mathematical/statistical side of sports betting, I am basically still a beginner and trying to learn as much as possible.

    Any info would be much appreciated.
  • Flying Dutchman
    SBR MVP
    • 05-17-09
    • 2467

    #2
    Monte Carlo simulation is the best if you can get play by play for most sports. MLB is the easiest by far to use ** on.

    Google it, lots of stuff on the net.

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