1. #1
    Sportslover
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    Join Date: 06-04-09
    Posts: 860
    Betpoints: 320

    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.

  2. #2
    Flying Dutchman
    Floggings continue until morale improves
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    Join Date: 05-17-09
    Posts: 2,467
    Betpoints: 759

    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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