Statistical Sports Models in Excel


Book Description

What does it take to create a winning sports betting model?Many people are interested in learning how to make smarter sports betting wagers. Not many of those same people are excited at the prospect of learning applied statistics to better inform their choices. You can't entirely blame them. Statistics has a well-earned reputation for being somewhat inaccessible by non-academics. It is a field filled with heavy terminology, confusing formulaic notation and concepts not fully relevant to the beginning sports bettor. To make matters worse, nobody in possession of a positive edge model is all that keen to show you how it works. As a result of this, sports modelling successfully requires a toolbox that you largely have to assemble for yourself. This book is my attempt to correct that, as I pull back the curtain on Excel spreadsheet models and techniques I developed in my first few years of sports betting. It is designed to give you an accessible crash course on modelling that will get you up to speed on the key relevant principles of statistics with a minimum amount of heavy technical jargon. You'll learn the most effective concepts in an easy-to-understand way and greatly speed up your learning curve in the process. Best of all, I'll walk you through sports betting models for many major sports: NFL, NBA, NHL, AFL and the English Premier League. You'll even be able to download these spreadsheet models and work your way through them while following this book.We'll be doing all of this in one of the most user friendly programs available: Excel. This program might not be the expert's first choice of platform for modelling work, but you'll be surprised just how much you can do with a spreadsheet or two.If you're ready to take your sports modelling to the next level - open this book, fire up Excel, and let's get to work. See you on the inside.




Statistics for Exercise Science and Health with Microsoft Office Excel


Book Description

This book introduces the use of statistics to solve a variety of problems in exercise science and health and provides readers with a solid foundation for future research and data analysis. Statistics for Exercise Science and Health with Microsoft Office Excel: Aids readers in analyzing their own data using the presented statistical techniques combined with Excel Features comprehensive coverage of hypothesis testing and regression models to facilitate modeling in sports science Utilizes Excel to enhance reader competency in data analysis and experimental designs Includes coverage of both binomial and poison distributions with applications in exercise science and health Provides solved examples and plentiful practice exercises throughout in addition to case studies to illustrate the discussed analytical techniques Contains all needed definitions and formulas to aid readers in understanding different statistical concepts and developing the needed skills to solve research problems




Analytic Methods in Sports


Book Description

One of the greatest changes in the sports world in the past 20 years has been the use of mathematical methods to analyze performances, recognize trends and patterns, and predict results. Analytic Methods in Sports: Using Mathematics and Statistics to Understand Data from Baseball, Football, Basketball, and Other Sports, Second Edition provides a concise yet thorough introduction to the analytic and statistical methods that are useful in studying sports. The book gives you all the tools necessary to answer key questions in sports analysis. It explains how to apply the methods to sports data and interpret the results, demonstrating that the analysis of sports data is often different from standard statistical analyses. The book integrates a large number of motivating sports examples throughout and offers guidance on computation and suggestions for further reading in each chapter. Features Covers numerous statistical procedures for analyzing data based on sports results Presents fundamental methods for describing and summarizing data Describes aspects of probability theory and basic statistical concepts that are necessary to understand and deal with the randomness inherent in sports data Explains the statistical reasoning underlying the methods Illustrates the methods using real data drawn from a wide variety of sports Offers many of the datasets on the author’s website, enabling you to replicate the analyses or conduct related analyses New to the Second Edition R code included for all calculations A new chapter discussing several more advanced methods, such as binary response models, random effects, multilevel models, spline methods, and principal components analysis, and more Exercises added to the end of each chapter, to enable use for courses and self-study




Financial Modeling in Excel For Dummies


Book Description

Make informed business decisions with the beginner's guide to financial modeling using Microsoft Excel Financial Modeling in Excel For Dummies is your comprehensive guide to learning how to create informative, enlightening financial models today. Not a math whiz or an Excel power-user? No problem! All you need is a basic understanding of Excel to start building simple models with practical hands-on exercises and before you know it, you'll be modeling your way to optimized profits for your business in no time. Excel is powerful, user-friendly, and is most likely already installed on your computer—which is why it has so readily become the most popular financial modeling software. This book shows you how to harness Excel's capabilities to determine profitability, develop budgetary projections, model depreciation, project costs, value assets and more. You'll learn the fundamental best practices and know-how of financial modeling, and how to put them to work for your business and your clients. You'll learn the tools and techniques that bring insight out of the numbers, and make better business decisions based on quantitative evidence. You'll discover that financial modeling is an invaluable resource for your business, and you'll wonder why you've waited this long to learn how! Companies around the world use financial modeling for decision making, to steer strategy, and to develop solutions. This book walks you through the process with clear, expert guidance that assumes little prior knowledge. Learn the six crucial rules to follow when building a successful financial model Discover how to review and edit an inherited financial model and align it with your business and financial strategy Solve client problems, identify market projections, and develop business strategies based on scenario analysis Create valuable customized templates models that can become a source of competitive advantage From multinational corporations to the mom-and-pop corner store, there isn't a business around that wouldn't benefit from financial modeling. No need to buy expensive specialized software—the tools you need are right there in Excel. Financial Modeling in Excel For Dummies gets you up to speed quickly so you can start reaping the benefits today!




Advanced Modelling in Finance using Excel and VBA


Book Description

This new and unique book demonstrates that Excel and VBA can play an important role in the explanation and implementation of numerical methods across finance. Advanced Modelling in Finance provides a comprehensive look at equities, options on equities and options on bonds from the early 1950s to the late 1990s. The book adopts a step-by-step approach to understanding the more sophisticated aspects of Excel macros and VBA programming, showing how these programming techniques can be used to model and manipulate financial data, as applied to equities, bonds and options. The book is essential for financial practitioners who need to develop their financial modelling skill sets as there is an increase in the need to analyse and develop ever more complex 'what if' scenarios. Specifically applies Excel and VBA to the financial markets Packaged with a CD containing the software from the examples throughout the book Note: CD-ROM/DVD and other supplementary materials are not included as part of eBook file.




Microsoft Excel 2019 Data Analysis and Business Modeling


Book Description

Master business modeling and analysis techniques with Microsoft Excel 2019 and Office 365 and transform data into bottom-line results. Written by award-winning educator Wayne Winston, this hands-on, scenario-focused guide helps you use Excel to ask the right questions and get accurate, actionable answers. New coverage ranges from Power Query/Get & Transform to Office 365 Geography and Stock data types. Practice with more than 800 problems, many based on actual challenges faced by working analysts. Solve real business problems with Excel—and build your competitive advantage: Quickly transition from Excel basics to sophisticated analytics Use PowerQuery or Get & Transform to connect, combine, and refine data sources Leverage Office 365’s new Geography and Stock data types and six new functions Illuminate insights from geographic and temporal data with 3D Maps Summarize data with pivot tables, descriptive statistics, histograms, and Pareto charts Use Excel trend curves, multiple regression, and exponential smoothing Delve into key financial, statistical, and time functions Master all of Excel’s great charts Quickly create forecasts from historical time-based data Use Solver to optimize product mix, logistics, work schedules, and investments—and even rate sports teams Run Monte Carlo simulations on stock prices and bidding models Learn about basic probability and Bayes’ Theorem Use the Data Model and Power Pivot to effectively build and use relational data sources inside an Excel workbook Automate repetitive analytics tasks by using macros




An Introduction to Intermediate and Advanced Statistical Analyses for Sport and Exercise Scientists


Book Description

"Ntoumanis and Myers have done sport and exercise science researchers and students a tremendous service in producing An Introduction to Intermediate and Advanced Statistical Analyses for Sport and Exercise Scientists. This book has an outstanding compilation of comprehensible chapters dealing with the important concepts and technical minutia of the statistical analyses that sport and exercise science scholars use (or should be using!) in their efforts to conduct meaningful research in the field. It is a resource that all sport and exercise scientists and their students should have on their book shelves." —Robert Eklund, School of Sport, University of Stirling, UK "Motivating, to have a statistics text devoted to enabling researchers studying sport and exercise science to apply the most sophisticated analytical techniques to their data. Authors hit the mark between using technical language as necessary and user-friendly terms or translations to keep users encouraged. Text covers traditional and well-used tools but also less common and more complex tools, but always with familiar examples to make their explanations come alive. As a dynamic systems theorist and developmentalist, I would love to see more researchers in my area create study designs that would enable the use of tools outlined here, such as multilevel structural equation modeling (MSEM) or mediation & moderation analyses, to uncover cascades of relations among subsystems contributing to motor performance, over time. This text can facilitate that outcome." —Beverly D. Ulrich, School of Kinesiology, University of Michigan, USA "The domain of quantitative methods is constantly evolving and expanding. This means that there is tremendous pressure on researchers to stay current, both in terms of best practices and improvements in more traditional methods as well as increasingly complex new methods. With this volume Ntoumanis and Myers present a nice cross-section of both, helping sport and exercise science researchers to address old questions in better ways, and, even more excitingly, to address new questions entirely. I have no doubt that this volume will quickly become a lovingly dog-eared companion for students and researchers, helping them to continue to move the field forward." —Gregory R. Hancock, University of Maryland and Center for Integrated Latent Variable Research (CILVR), USA




Sharper


Book Description

In any other game you can learn how the pros play by watching them. Not in sports betting. You can watch the "experts" on television forever and not learn a thing. This book fixes that, and I'll let this independent review from the sharpest guys in the world explain why: https: //tinyurl.com/ycwvewgu




The Logic Of Sports Betting


Book Description

How do sportsbooks make their lines? Which types of bets are the best? Can you beat the house? The Logic Of Sports Betting answers all these questions and more with a dash of humor and a whole lot of real talk about how it all works. Peek behind the counter and learn how sportsbooks operate. Combine that insider knowledge with why-didn't-I-think-of-that sports betting logic, and you have the winning formula. Ed Miller is a best-selling (over 300,000 copies sold) author of books on poker and gambling. This is his first book on sports betting, but maybe his favorite book to write so far. Matthew Davidow is a sports modeler, using proprietary methods to beat major sports betting markets for over 15 years, and co-founding two leading private sports analytics firms along the way. What people are saying about The Logic Of Sports Betting "Matt and Ed are two of the smartest minds in sports betting." - Rufus Peabody, professional sports bettor "As a sportsbook employee for 30-plus years, I find it difficult to read or watch anything about sports betting. But I could not put The Logic Of Sports Betting down. It's that good." - Robert Walker, Las Vegas bookmaker




Trading Bases


Book Description

An ex–Wall Street trader improved on Moneyball’s famed sabermetrics and beat the Vegas odds with his own betting methods. Here is the story of how Joe Peta turned fantasy baseball into a dream come true. Joe Peta turned his back on his Wall Street trading career to pursue an ingenious—and incredibly risky—dream. He would apply his risk-analysis skills to Major League Baseball, and treat the sport like the S&P 500. In Trading Bases, Peta takes us on his journey from the ballpark in San Francisco to the trading floors and baseball bars of New York and the sportsbooks of Las Vegas, telling the story of how he created a baseball “hedge fund” with an astounding 41 percent return in his first year. And he explains the unique methods he developed. Along the way, Peta provides insight into the Wall Street crisis he managed to escape: the fragility of the midnineties investment model; the disgraced former CEO of Lehman Brothers, who recruited Peta; and the high-adrenaline atmosphere where million-dollar sports-betting pools were common.