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Making real-time predictions for NBA basketball games by combining the historical data and bookmaker's betting line
Song, Kai1,2; Gao, Yiran3; Shi, Jian1,2
2020-06-01
Source PublicationPHYSICA A-STATISTICAL MECHANICS AND ITS APPLICATIONS
ISSN0378-4371
Volume547Pages:8
AbstractThe paper presents a gamma process based model for the total points processes of NBA basketball matches. This model obtains a useful formula for the in-play prediction. What is more, we employ the bookmaker's betting line to adjust the original gamma process model. The out-of-sample forecasting performances are evaluated, and more profoundly, this model can produce a positive return on the over-under betting market. Besides, our model has an application in monitoring the betting market, which may be useful to bettors. (C) 2020 The Authors. Published by Elsevier B.V.
KeywordSports science NBA In-play predictions Gamma process The total points process
DOI10.1016/j.physa.2020.124411
Indexed BySCI
Language英语
WOS Research AreaPhysics
WOS SubjectPhysics, Multidisciplinary
WOS IDWOS:000528206900022
PublisherELSEVIER
Citation statistics
Document Type期刊论文
Identifierhttp://ir.amss.ac.cn/handle/2S8OKBNM/51382
Collection中国科学院数学与系统科学研究院
Corresponding AuthorShi, Jian
Affiliation1.Chinese Acad Sci, Acad Math & Syst Sci, Beijing, Peoples R China
2.Univ Chinese Acad Sci, Sch Math Sci, Beijing, Peoples R China
3.Beijing StatusWin Lottery Operat Technol Ltd, Beijing, Peoples R China
Recommended Citation
GB/T 7714
Song, Kai,Gao, Yiran,Shi, Jian. Making real-time predictions for NBA basketball games by combining the historical data and bookmaker's betting line[J]. PHYSICA A-STATISTICAL MECHANICS AND ITS APPLICATIONS,2020,547:8.
APA Song, Kai,Gao, Yiran,&Shi, Jian.(2020).Making real-time predictions for NBA basketball games by combining the historical data and bookmaker's betting line.PHYSICA A-STATISTICAL MECHANICS AND ITS APPLICATIONS,547,8.
MLA Song, Kai,et al."Making real-time predictions for NBA basketball games by combining the historical data and bookmaker's betting line".PHYSICA A-STATISTICAL MECHANICS AND ITS APPLICATIONS 547(2020):8.
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