Download or read book Predictive Methods for Football and Betting Markets written by Enrique Dóal Pérez Frías and published by Enrique Dóal Pérez Frías. This book was released on 2023-09-23 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt: What variables are relevant to predict the future results of a football team? Are there any inefficiencies in the betting markets that can be exploited? How many games are necessary to correctly measure the level of a team or a footballer? Is it better to bet on a team that is on a winning streak or is it better to bet on a team that is on a losing streak? What is the probability that a team that has just been promoted will be relegated in the next few seasons? What is the optimal size and composition of a team squad? How are the best and worst clubs different? What are the best bookmakers? In this book the reader will find the answer to these and many other questions about the beautiful game, thanks to data mining techniques applied to a historical database of more than 200,000 football matches and a statistical approach explained in an easily accesible style.
Download or read book Predictive Methods for Football and Betting Markets written by Enrique Dóal Perez Frias and published by Independently Published. This book was released on 2023-01-17 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: What variables are relevant to predict the future results of a football team? Are there any inefficiencies in the betting markets that can be exploited? How many games are necessary to correctly measure the level of a team or a footballer? Is it better to bet on a team that is on a winning streak or is it better to bet on a team that is on a losing streak? What is the probability that a team that has just been promoted will be relegated in the next few seasons? What is the optimal size and composition of a team squad? How are the best and worst clubs different? What are the best bookmakers? In this book the reader will find the answer to these and many other questions about the beautiful game, thanks to data mining techniques applied to a historical database of more than 200,000 football matches and a statistical approach explained in an easily accesible style.
Download or read book Assessing the Feasibility of NFL Sports Betting as an Alternative Investment Strategy Through Predictive Analytics written by David Schlichtig and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sports gambling is a rapidly expanding industry throughout the United States, providing many individuals with the opportunity to achieve profits through several platforms and applications -- much like the financial markets. While these markets are structured differently at their core, many qualitative similarities exist that suggest that profitable investment can be accomplished through either market. Investors typically analyze a number of accounting and financial metrics to assess which financial assets should be added to their portfolios; with an abundance of information easily accessible to the public, a similar analytical approach -- using performance statistics and predictive modeling -- can be used in the sports betting market to determine on which outcomes to wager. This thesis explores the feasibility of predictive modeling strategies in the sports betting market of being an alternative to traditional investment strategies. Building on techniques explored in previous literature, a probit regression model using extensive, historical NFL data is developed and refined, and its returns are compared to those observed in the financial markets during the 2022 NFL season. The results of this study suggest that exploitable arbitrage opportunities exist that allow individuals to achieve returns at a rate greater than the financial markets, providing promising evidence than sports betting can be an alternative financial asset class.
Download or read book Sports Forecasting written by Martin Spann and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This article compares the forecast accuracy of different methods, namely prediction markets, tipsters and betting odds, and assesses the ability of prediction markets and tipsters to generate profits systematically in a betting market. We present the results of an empirical study that uses data from 678-837 games of three seasons of the German premier soccer league. Prediction markets and betting odds perform equally well in terms of forecasting accuracy, but both methods strongly outperform tipsters. A weighting-based combination of the forecasts of these methods leads to a slightly higher forecast accuracy, whereas a rule-based combination improves forecast accuracy substantially. However, none of the forecasts leads to systematic monetary gains in betting markets because of the high fees (25%) charged by the state-owned bookmaker in Germany. Lower fees (e.g., approximately 12% or 0%) would provide systematic profits if punters exploited the information from prediction markets and bet only on a selected number of games.
Download or read book The Football Code written by James Tippett and published by Self-Publisher. This book was released on 2017-09-06 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Football Code outlines an innovative, ground-breaking philosophy that will change the way you watch the beautiful game. In a sport which is so largely dictated by randomness, how can we accurately assess the performance of teams, players and managers? How can we tell who is good and who is simply lucky? The Football Code teaches how a more scientific approach can eradicate the damaging effects of chance, leaving a clearer image of what is actually happening on the field of play. Only then can managers sign better players. Only then can pundits offer better judgements. Only then can fans compile better fantasy football teams. This book addresses the intrinsic errors and inefficiencies which plague the sport, whilst at the same time revealing the top secret methods that professional gambling syndicates use to predict future outcomes. Above all, it discloses the top secret, data-driven system that one football mastermind has used to make millions in the betting markets, and that has allowed the Championship team he owns to punch spectacularly above its financial weight. Football has finally found it's answer to baseball's 'Moneyball'. "Any fan who doesn't read this book will be left behind." - William Lund. "Unveils a revolutionary approach to the transfer market. Truly exceptional." - FootballNow. "A masterclass. The sport of football will never be the same again" - Levi Janssen.
Download or read book Information Efficiency in Financial and Betting Markets written by Leighton Vaughan Williams and published by Cambridge University Press. This book was released on 2005-09-29 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt: The degree to which markets incorporate information is one of the most important questions facing economists today. This book provides a fascinating study of the existence and extent of information efficiency in financial markets, with a special focus on betting markets. Betting markets are selected for study because they incorporate features highly appropriate to a study of information efficiency, in particular the fact that each bet has a well-defined end point at which its value becomes certain. Using international examples, this book reviews and analyses the issue of information efficiency in both financial and betting markets. Part I is an extensive survey of the existing literature, while Part II presents a range of readings by leading academics. Insights gained from the book will interest students of financial economics, financial market analysts, mathematicians and statisticians, and all those with a special interest in finance or gambling.
Download or read book Economics of Betting Markets written by David Peel and published by Routledge. This book was released on 2013-09-13 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the last few decades, commercial gambling has increased substantially throughout the Western world. More people than ever before have access to sources of legalised gambling, leading to bumper revenues for the institutions involved. Naturally enough, this has led to an increased interest in the area of the economics of betting. This book addresses the issues raised by the continued growth of the gambling sector. How can we model the behaviour of people who seemingly act irrationally? What are the implications of different tax policies with regard to gambling? Are casinos capable of taking money away from state-run lotteries and the causes they fund? Can bookmakers’ odds be influenced in such a way as to make the gambling market inefficient? The authors in this volume provide insights based on data from many different countries, including England, the USA, Australia, Spain and Cyprus. This volume brings together work which addresses the economic impact of the huge growth of commercial gambling in the Western world, as well as trying to model the cognitive processes which can explain why individuals are prepared to behave in such apparently irrational ways. This book was published as a special issue of Applied Economics. The academic editor of this journal is Mark P. Taylor.
Download or read book Data Driven Football Predictions Constructing the Perfect Over 2 5 Goals Betting Strategy for the English Premier League written by Martin Chamberlain and published by . This book was released on 2019-08-19 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inspired by the fact that only 5% of football punters make a profit over the long term ,a group of data scientists created the Football Data Labs project with the aim of developing profitable, data-driven and easily applicable betting strategies for novice and experienced punters alike. The first publication of the Data-Driven Football Predictions series will cover a betting methodology for the over 2.5 goals market, as applied to the English Premier League. The book will serve three purposes. Firstly, it will present a data-driven league-specific, profitable and back-tested betting strategy with detailed illustrations and examples. Secondly, by presenting each step of the betting methodology, the book will actually serve as a guide on constructing any sports betting strategy. Lastly, the book will introduce the novice bettors with some of the most relevant factors to consider when placing an over 2.5 goals bet. By reviewing data patterns as applied to the English Premier League, the book will expose the power of league-specific data patterns. This book will help transform the typical fun-loving recreational punter into a wealthier and data-wise smarter ... fun-loving punter. After all, the major inspiration for this book, and for the Football Data Labs project as a whole, is to educate bettors about profitable data patterns that would give them an edge against the bookmakers.
Download or read book How to Win Your NCAA Tournament Pool written by Ed Feng and published by . This book was released on 2016-12-16 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Computer and Information Science written by Roger Lee and published by Springer Science & Business Media. This book was released on 2008-04-30 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 7th IEEE/ACIS Conference and the 2nd IEEE/ACIS Workshop on e-Activity (IWEA 2008) featured researchers from around the world. The conference organizers selected 23 outstanding papers for this volume of Springer’s Studies in Computational Intelligence.
Download or read book Handbook of Sports and Lottery Markets written by Donald B. Hausch and published by Elsevier. This book was released on 2011-08-11 with total page 561 pages. Available in PDF, EPUB and Kindle. Book excerpt: Its basic empirical research and investigation of pure theories of investment in the sports and lottery markets make this volume a winner. These markets are simpler to study than traditional financial markets, and their expected values and outcomes are uncomplicated. By means of new overviews of scholarship on the industry side of racetrack and other betting markets to betting exchanges and market efficiencies, contributors consider a variety of sports in countries around the world. The result is not only superior information about market forecasting, but macro- and micro-analyses that are relevant to other markets. Easily studied sports markets reveal features relevant for more complex traditional financial markets Significant coverage of sports from racing to jai alai New studies of betting exchanges and Internet wagering markets
Download or read book Fixed Odds Sports Betting written by Joseph Buchdahl and published by No Exit Press. This book was released on 2003 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Few people manage to make money from gambling, and fewer still make a living from it. Written for hardened and novice betters alike, Joseph Buchdahl's essential guide examines, through various numerical techniques, how fixed odds punters may learn to beat the bookmaker, protect profits through a sensible approach to risk management, and turn high-risk gambling into a form of low-risk investment.
Download or read book Sports Analytics written by A. Mansurali and published by Springer Nature. This book was released on with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Foundations of Football Betting written by Pete Nordsted and published by Harriman House Limited. This book was released on 2012-08-06 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the first in a series of short, simple, no-nonsense guides to profitable betting on the football markets. It is dedicated to explaining and instilling the fundamentals of successful football betting in everyone who reads it. This eBook, and the wider Premier Betting series, is firmly aimed at the casual punter who enjoys a weekly bet on the football markets. As professional punters, the authors have a code of practice that maximises their opportunities for securing long-term profits. They want to pass this on - along with all the strategies that they, as professionals, rely on - so that the next time you have the urge to place a bet you have more options at your disposal than betting on a whim, guess or gut feeling. www.premier-betting.com
Download or read book 13th World Congress of Performance Analysis of Sport and 13th International Symposium on Computer Science in Sport written by Arnold Baca and published by Springer Nature. This book was released on 2023-07-12 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discovers the latest research and insights in sports performance analysis and computer science in sports with the 13th World Congress of Performance Analysis of Sport and 13th International Symposium on Computer Science in Sport joint conference proceedings. This comprehensive book features over 40 peer-reviewed scientific works, showcasing the latest developments in these areas. The book covers a wide range of topics, including data analytics in sports, performance tracking and monitoring, artificial intelligence and machine learning in sports, virtual and augmented reality in sports, sensor technology, sports biomechanics, and motor control. By reading this book, you'll gain a deeper understanding of how applied and research-based problems can, together, transform the world of sports, and how you can stay ahead of the curve in this rapidly evolving field. This means that whether you're a researcher, coach, athlete, or sports enthusiast, there is something for everyone in this book.
Download or read book Calculated Bets written by Steven S. Skiena and published by Cambridge University Press. This book was released on 2001-08-06 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: A story of using computer simulations and mathematical modeling techniques to predict the outcome of jai-alai matches and bet on them successfully.
Download or read book Artificial Intelligence XXXV written by Max Bramer and published by Springer. This book was released on 2018-11-27 with total page 451 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book constitutes the proceedings of the 38th SGAI International Conference on Innovative Techniques and Applications of Artificial Intelligence, AI 2018, held in Cambridge, UK, in December 2018. The 25 full papers and 12 short papers presented in this volume were carefully reviewed and selected from 46 submissions. There are technical and application papers which were organized in topical sections named: Neural Networks; Planning and Scheduling; Machine Learning; Industrial Applications of Artificial Intelligence; Planning and Scheduling in Action; Machine Learning in Action; Applications of Machine Learning; and Applications of Agent Systems and Genetic Algorithms.
