Predictive Methods for Football and Betting Markets

Predictive Methods for Football and Betting Markets PDF Author: Enrique Dóal Pérez Frías
Publisher: Enrique Dóal Pérez Frías
ISBN:
Category : Games & Activities
Languages : en
Pages : 349

Get Book Here

Book Description
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.

Predictive Methods for Football and Betting Markets

Predictive Methods for Football and Betting Markets PDF Author: Enrique Dóal Pérez Frías
Publisher: Enrique Dóal Pérez Frías
ISBN:
Category : Games & Activities
Languages : en
Pages : 349

Get Book Here

Book Description
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.

Statistical Sports Models in Excel

Statistical Sports Models in Excel PDF Author: Andrew Mack
Publisher:
ISBN: 9781079013450
Category :
Languages : en
Pages : 162

Get Book Here

Book Description
What does it take to create a winning sports betting model?Many people are interested in learning how to make smarter sports betting wagers. Not many of those same people are excited at the prospect of learning applied statistics to better inform their choices. You can't entirely blame them. Statistics has a well-earned reputation for being somewhat inaccessible by non-academics. It is a field filled with heavy terminology, confusing formulaic notation and concepts not fully relevant to the beginning sports bettor. To make matters worse, nobody in possession of a positive edge model is all that keen to show you how it works. As a result of this, sports modelling successfully requires a toolbox that you largely have to assemble for yourself. This book is my attempt to correct that, as I pull back the curtain on Excel spreadsheet models and techniques I developed in my first few years of sports betting. It is designed to give you an accessible crash course on modelling that will get you up to speed on the key relevant principles of statistics with a minimum amount of heavy technical jargon. You'll learn the most effective concepts in an easy-to-understand way and greatly speed up your learning curve in the process. Best of all, I'll walk you through sports betting models for many major sports: NFL, NBA, NHL, AFL and the English Premier League. You'll even be able to download these spreadsheet models and work your way through them while following this book.We'll be doing all of this in one of the most user friendly programs available: Excel. This program might not be the expert's first choice of platform for modelling work, but you'll be surprised just how much you can do with a spreadsheet or two.If you're ready to take your sports modelling to the next level - open this book, fire up Excel, and let's get to work. See you on the inside.

The Definitive Guide to Betting on Football

The Definitive Guide to Betting on Football PDF Author: Kevin Pullein
Publisher: Raceform
ISBN: 9781905153657
Category : Soccer
Languages : en
Pages : 160

Get Book Here

Book Description
This book is a distillation of Racing Post expert Kevin Pullein's extensive knowledge on how to make money when betting on football. His weekly column in the Post is hugely popular with sports betting fans. In this masterwork Pullein explains how you can work out what is likely to happen during a football match and how you might be able to exploit this knowledge profitably by betting. In each chapter there will be both theory and practice, in separate but complementary sections. The theory will always be simply explained and illustrated, and will satisfy both the more-specialist and the less-experienced reader alike, each of whom will be able to get out of it want they want most - as well as a lot of other things beside.

How to Win Your NCAA Tournament Pool

How to Win Your NCAA Tournament Pool PDF Author: Ed Feng
Publisher:
ISBN: 9780998442303
Category :
Languages : en
Pages :

Get Book Here

Book Description


Economics of Betting Markets

Economics of Betting Markets PDF Author: David Peel
Publisher: Routledge
ISBN: 131798823X
Category : Business & Economics
Languages : en
Pages : 130

Get Book Here

Book Description
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.

13th World Congress of Performance Analysis of Sport and 13th International Symposium on Computer Science in Sport

13th World Congress of Performance Analysis of Sport and 13th International Symposium on Computer Science in Sport PDF Author: Arnold Baca
Publisher: Springer Nature
ISBN: 3031317726
Category : Technology & Engineering
Languages : en
Pages : 197

Get Book Here

Book Description
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.

Modeling Techniques in Predictive Analytics with Python and R

Modeling Techniques in Predictive Analytics with Python and R PDF Author: Thomas W. Miller
Publisher: FT Press
ISBN: 013389214X
Category : Business & Economics
Languages : en
Pages : 437

Get Book Here

Book Description
Master predictive analytics, from start to finish Start with strategy and management Master methods and build models Transform your models into highly-effective code—in both Python and R This one-of-a-kind book will help you use predictive analytics, Python, and R to solve real business problems and drive real competitive advantage. You’ll master predictive analytics through realistic case studies, intuitive data visualizations, and up-to-date code for both Python and R—not complex math. Step by step, you’ll walk through defining problems, identifying data, crafting and optimizing models, writing effective Python and R code, interpreting results, and more. Each chapter focuses on one of today’s key applications for predictive analytics, delivering skills and knowledge to put models to work—and maximize their value. Thomas W. Miller, leader of Northwestern University’s pioneering program in predictive analytics, addresses everything you need to succeed: strategy and management, methods and models, and technology and code. If you’re new to predictive analytics, you’ll gain a strong foundation for achieving accurate, actionable results. If you’re already working in the field, you’ll master powerful new skills. If you’re familiar with either Python or R, you’ll discover how these languages complement each other, enabling you to do even more. All data sets, extensive Python and R code, and additional examples available for download at http://www.ftpress.com/miller/ Python and R offer immense power in predictive analytics, data science, and big data. This book will help you leverage that power to solve real business problems, and drive real competitive advantage. Thomas W. Miller’s unique balanced approach combines business context and quantitative tools, illuminating each technique with carefully explained code for the latest versions of Python and R. If you’re new to predictive analytics, Miller gives you a strong foundation for achieving accurate, actionable results. If you’re already a modeler, programmer, or manager, you’ll learn crucial skills you don’t already have. Using Python and R, Miller addresses multiple business challenges, including segmentation, brand positioning, product choice modeling, pricing research, finance, sports, text analytics, sentiment analysis, and social network analysis. He illuminates the use of cross-sectional data, time series, spatial, and spatio-temporal data. You’ll learn why each problem matters, what data are relevant, and how to explore the data you’ve identified. Miller guides you through conceptually modeling each data set with words and figures; and then modeling it again with realistic code that delivers actionable insights. You’ll walk through model construction, explanatory variable subset selection, and validation, mastering best practices for improving out-of-sample predictive performance. Miller employs data visualization and statistical graphics to help you explore data, present models, and evaluate performance. Appendices include five complete case studies, and a detailed primer on modern data science methods. Use Python and R to gain powerful, actionable, profitable insights about: Advertising and promotion Consumer preference and choice Market baskets and related purchases Economic forecasting Operations management Unstructured text and language Customer sentiment Brand and price Sports team performance And much more

Information Efficiency in Financial and Betting Markets

Information Efficiency in Financial and Betting Markets PDF Author: Leighton Vaughan Williams
Publisher: Cambridge University Press
ISBN: 1139445405
Category : Business & Economics
Languages : en
Pages : 412

Get Book Here

Book Description
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.

Numerical Optimization

Numerical Optimization PDF Author: Jorge Nocedal
Publisher: Springer Science & Business Media
ISBN: 0387400656
Category : Mathematics
Languages : en
Pages : 686

Get Book Here

Book Description
Optimization is an important tool used in decision science and for the analysis of physical systems used in engineering. One can trace its roots to the Calculus of Variations and the work of Euler and Lagrange. This natural and reasonable approach to mathematical programming covers numerical methods for finite-dimensional optimization problems. It begins with very simple ideas progressing through more complicated concepts, concentrating on methods for both unconstrained and constrained optimization.

Monte Carlo Or Bust

Monte Carlo Or Bust PDF Author: Joseph Buchdahl
Publisher: High Stakes
ISBN: 9780857304858
Category :
Languages : en
Pages : 384

Get Book Here

Book Description
Almost everyone is familiar with Monte Carlo's association with gambling, and its famous Casino. Many may also have come across the Monte Carlo fallacy, so-called after the Casino's roulette wheel ball fell on black 26th times in a row, costing players, who believed that the law of averages made such streaks impossible, millions of dollars. However, the Casino also lends its name to a tool of statistical forecasting, the Monte Carlo simulation, used to model the probability of uncertain outcomes that cannot be easily predicted from mathematical equations. This book provides a detailed account for how aspiring sports bettors can use a Monte Carlo simulation to improve the quality, and hopefully profitability, of their betting, and in doing so unravels the mystery of probability and variance that lies at the heart of all gambling.