Interesting read on sports betting/CLV
StJoes0610
Senior Member
http://www.minyanville.com/special-features/sports-business/articles/casino-stocks-online-gambling-online-sports/7/20/2012/id/42632
Heres how Pinnacle says they do it:
The most accurate way we have found, to distinguish winning and losing players is to look at the odds a player received when they made their bet, and compare it with the Pinnacle Sports closing line on the game. If a player consistently beats our closing price, they are likely to be a long-term winner period. Interestingly, we have found that this test is more reflective of a players future winning potential, than their historical win/loss record with the company.
Heres how Pinnacle says they do it:
The most accurate way we have found, to distinguish winning and losing players is to look at the odds a player received when they made their bet, and compare it with the Pinnacle Sports closing line on the game. If a player consistently beats our closing price, they are likely to be a long-term winner period. Interestingly, we have found that this test is more reflective of a players future winning potential, than their historical win/loss record with the company.
Comments
OBTW thanks for the post StJoes