there is so much misconceptions on how and what math is the proper application to use in sports betting such as how the Binomial distribution is used and how the Poisson distribution is used in sports betting and I am getting a little confused.
1) what sports is the Binomial used in? and it's application team, players,total season wins,team/player props, etc
2)what sports is the Poisson best used in? and it's application team, players, total season wins, team/player props, etc
Thanks for the help
1) what sports is the Binomial used in? and it's application team, players,total season wins,team/player props, etc
2)what sports is the Poisson best used in? and it's application team, players, total season wins, team/player props, etc
Thanks for the help