Ep 87: Mathematics Professor David Sumpter & Trademate CEO Marius Norheim - Using Mathematics in Sports Betting

David Sumpter is a Professor of Applied Mathematics at the University of Uppsala, he has completed his doctorate in Mathematics, the author of Soccermatics & The Ten Equations, and written for the likes of The Economist, The Telegraph, FourFourTwo magazine and much more. He’s also made various sports betting models and is currently working at Hammarby FC in Sweden in data analytics. CEO of Trademate Sports, Marius Norheim, also joins the podcast. Recently, David and Marius worked together on modelling sports betting. Enjoy! 0:00 Introduction to David 3:50 Using Maths in Football & Betting 10:30 Modelling in the Data era 19:00 World Cup Betting Model & Edges 28:30 Betting Biases 35:11 Building and Testing a Model 43:45 Working with David 48:15 Live betting with Twelve bot 51:55 Creating Your Own Model 55:50 COVID’s effect 59:50 Working with Hammarby FC 1:03:44 Football Clubs using Data Analytics 1:13:00 Ten Equations 1:19:00 Academic Research in Betting 1:22:00 Combining Analytics and Emotion   1 WEEK FREE TRIAL OF TRADEMATE http://tradematesports.com/   TRADEMATE CORE A tool for new and aspiring sports bettors and traders: https://tradematesports.com/core    TRADEMATE PRO A tool for professional sports bettors and traders: https://tradematesports.com/pro   SOCIAL LINKS: Instagram ➠ https://www.instagram.com/tradematesports/ Facebook ➠ https://www.facebook.com/TrademateSports Twitter ➠ https://twitter.com/TrademateSports   BLOG:  Learn more about how you can improve your betting on our blog ➠ http://blog.tradematesports.com/