Soccer fans around the world are gearing up for the 2014 World Cup in Brazil. Many will be putting money on the various matches—basing their bets on national pride or gut feelings. There is another option, however. If you have the data and the inclination, you could also utilize a Monte Carlo simulation to place your wager. Recently, Fernando Hernández did just that, utilizing this computerized decision-making method to determine a more mathematically accurate pick for the 20th FIFA World Cup champion.