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Poisson distribution in betting is used to calculate the frequency of any occurrence in a game. In this article, you will learn how to calculate the probability of any score in football, and how to use it to calculate who is likely to win.
What is Poisson Distribution in Betting?
Poisson distribution was developed by 19th century French mathematician Siméon Denis Poisson. It is a probability theory that uses historical sports data to predict the outcome of a sports event. It measures the likelihood of how many times an event will occur during a specific period.
This may seem complicated to someone who has no background in maths, but it is actually a fairly simple method. To put it simply in terms of football betting, Poisson distribution can help you predict how likely each number of goals scored is.
Why is Poisson Distribution Important?
