MLB Betting
My friend says that he has come up with a method to predict the outcome of MLB games. Are there winning sports bettors that have some kind of model for predicting baseball games? Is this even possible?
He says he has been using the Kelly betting system and has seen some nice % returns. I don't think he's been doing this for very long. So I guess I'm asking, how long would it be before you could tell if he was a winner, or what his edge is, if he has one? How many bets would he have to place for a large enough sample size? And are there any good statistical calculations to be made on results of sports betting?
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