Quant

Quant – is a specialist that uses mathematic calculation and engages in trade including sport bets which are not based on subjective experts’ recommendations, but calculation models.

The English word “quant” is a contraction of “quantitative analysis”. Firstly, the term “quant” was used for floor traders, that trade shares on Wall Street.

In the bookmakers’ sphere “quant” is a person who makes bets that are not based on analyst’s opinion, but on the statistic data and models. The most of quants keep calculation methods and algorithms in a secret. Quants are also people who creates automatic programmes and calculation algorithms for stock trade. One of the most famous quants is an American bettor Bob Voulgaris. He became well-known for his accurate bets on the matches of the National Basketball Association (NBA).