Modeling Concepts

  • William S. Mallios


The oddsmaker’s line plays a key role in our modeling forecasts and defines one type of expectation: a gambling expectation. (Descriptors such as “gambling” and “gambler” are not used in the sense of (3.2.1: Part I); rather, they are used in the sense of conventional dictionary definitions.) Prior to contrasting the line with other types of expectations, we first elaborate on what the line is and is not.


American Statistical Association Statistical Shock Major League Baseball Statistical Expectation Efficient Market Hypothesis 
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Copyright information

© Springer Science+Business Media New York 2000

Authors and Affiliations

  • William S. Mallios
    • 1
  1. 1.Craig School of BusinessCalifornia State UniversityFresnoUSA

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