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Quantitative Betting With Python: How To Backtest a Value Bet Strategy

Quantitative betting consists in using mathematics and algorithm to place a bet as it can be done in finance. To achieve this there are two important steps. First, you need to have predictions, second, you need to backtest your strategy. The backtest is simply a simulation that will help to understand the profitability of a strategy, but also your risk using historical data.



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