Accumulators and Bookmaker’s Capital with Perturbed Stochastic Processes

نویسندگان

چکیده

The sports betting industry has been growing at a phenomenal rate and many similarities to the financial market in that payout is made contingent on an outcome of event. Despite this, there little no mathematical focus potential ruin bookmakers. In this paper, expected profit bookmaker probability multiple soccer matches are observed via Dirac notations Feynman’s path calculations. Furthermore, we take unforeseen circumstances into account by subjecting process more uncertainty. A perturbed process, set modifying conventional stochastic handled scale manage

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ژورنال

عنوان ژورنال: AppliedMath

سال: 2022

ISSN: ['2673-9909']

DOI: https://doi.org/10.3390/appliedmath2020010