Please help me with resources to develop a sports betting website. I am currently only considering two-player or two-team games.
I am specifically looking for algorithms to calculate the odds, decide how much to charge bettors, how much to pay them after wins/losses, extract the maximum profit for the betting company, etc. Basically, I need help with developing the (statistical) models rather than setting up the website itself.
I may be using the wrong keywords but whatever I type on the internet leads me to blogs of software companies that build these things. I would appreciate if you can help me with books, papers and GitHub or other open-source codes.
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