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Nick Beaver

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[Estimated release date: June 13, 2025] ABSTRACT This paper presents methodologies for evaluating the accuracy of probabilistic predictions, both as standalone forecasts and within a time series leading up to a single event. We apply these methods to assess the predictive performance of two major U.S. sportsbook operators, DraftKings and FanDuel, as well as the …read more.

This paper outlines a baseline sportsbook model for wagering on competitive trading card games (TCGs) such as Magic: The Gathering, Pokémon, and Yu-Gi-Oh!.

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"A wise man... apportions his belief to the evidence."
—David Hume, An Enquiry Concerning Human Understanding

“Probability... is the acceptance of the lack of certainty in our knowledge and the development of methods for dealing with our ignorance.”
― Nassim Nicholas Taleb, Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets

"[T]he only thing we can ever know with certainty is: what is our state of knowledge?"

—E.T. Jaynes, Probability Theory: the Logic of Science

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