Optimization investment of football lottery game-online combinatorial optimization

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3 Scopus citations

Abstract

Based on the compensating rate in Europe lottery, we set up the mathematics model of the football lottery that is the dark-horse analyses of the win-and-defeat game. Combining the numerical analysis, we use the online algorithm to analyze the disadvantages of the traditional lottery investment method that is the multimode strategy, find that the competitive ratio of the multimode strategy is larger and the risk is higher. Further, we propose the method of the dark-horse expectancy strategy and optimize the multimode strategy by the dark-horse index so as to reduce the competitive ratio and risk degree of the multimode strategy.

Original languageEnglish
Pages (from-to)119-124+130
JournalXitong Gongcheng Lilun yu Shijian/System Engineering Theory and Practice
Volume27
Issue number1
StatePublished - Jan 2007

Keywords

  • Competitive ratio
  • Dark-horse expectancy strategy
  • Football lottery
  • Multimode strategy
  • Online algorithm
  • Risk degree

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