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Prediction of Betting Odds Based on Logistic Regression
JANDA, Pavel
Betting odds in various areas of human life is becoming very popular. This Bachelor's Thesis deals with the prediction of betting odds based on logistic regression. This work describes general information about betting odds, the history of betting odds both here in the Czech Republic and abroad, the forms of betting odds, who is a bookmaker and how betting odds are created. There are 3 sets of data. Specifically, it is the advantage of the home ground, the pre-match table and previous matches. Data is processed by lo-gistic regression to predict betting odds. The three above conditions are included in the Statistica program, which calculates the probability of each variant based on logistic regression. The results from the Statistica program are then compared to the actually listed betting odds.

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