ok I searched and could not find any articles online about using collective intelligence in sports gambling.
i am no expert at all in this but am very interested in discussing if this princiiple can or is able to be applied to sports betting.
I watched this interesting program not so long ago where theydemonstrated this principle in work. A guy went around with a huge jar of jelly beansand went around to about 600 office workers and asked them to guess how many jelly beans were in the jar he got wildly different estimates. He then took all the responces figured out the average of responces he got and the average was the exact amount of beans that were in the jar.
could this same principle be applied to sports betting? and how?