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Beating the market betting on NHL hockey games
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Zeitschriftentitel: | Journal of Quantitative Analysis in Sports |
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Personen und Körperschaften: | |
In: | Journal of Quantitative Analysis in Sports, 12, 2016, 2, S. 87-98 |
Format: | E-Article |
Sprache: | Englisch |
veröffentlicht: |
Walter de Gruyter GmbH
|
Schlagwörter: |
author_facet |
Buttrey, Samuel E. Buttrey, Samuel E. |
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author |
Buttrey, Samuel E. |
spellingShingle |
Buttrey, Samuel E. Journal of Quantitative Analysis in Sports Beating the market betting on NHL hockey games Decision Sciences (miscellaneous) Social Sciences (miscellaneous) |
author_sort |
buttrey, samuel e. |
spelling |
Buttrey, Samuel E. 1559-0410 2194-6388 Walter de Gruyter GmbH Decision Sciences (miscellaneous) Social Sciences (miscellaneous) http://dx.doi.org/10.1515/jqas-2015-0003 <jats:title>Abstract</jats:title> <jats:p>This article describes a method for predicting the outcome of National Hockey League (NHL) games. We combine a model for goal scoring and yielding, and one for penalty commission, in a Markov-type computation and a simulation model that produce predicted probabilities of victory for each team. Where these differ substantially from the market probabilities, we make “bets” according to a simple strategy. Our return on investment is both positive and statistically significant.</jats:p> Beating the market betting on NHL hockey games Journal of Quantitative Analysis in Sports |
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10.1515/jqas-2015-0003 |
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2016 |
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Walter de Gruyter GmbH |
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Journal of Quantitative Analysis in Sports |
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title |
Beating the market betting on NHL hockey games |
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Beating the market betting on NHL hockey games |
title_full |
Beating the market betting on NHL hockey games |
title_fullStr |
Beating the market betting on NHL hockey games |
title_full_unstemmed |
Beating the market betting on NHL hockey games |
title_short |
Beating the market betting on NHL hockey games |
title_sort |
beating the market betting on nhl hockey games |
topic |
Decision Sciences (miscellaneous) Social Sciences (miscellaneous) |
url |
http://dx.doi.org/10.1515/jqas-2015-0003 |
publishDate |
2016 |
physical |
87-98 |
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<jats:title>Abstract</jats:title>
<jats:p>This article describes a method for predicting the outcome of National Hockey League (NHL) games. We combine a model for goal scoring and yielding, and one for penalty commission, in a Markov-type computation and a simulation model that produce predicted probabilities of victory for each team. Where these differ substantially from the market probabilities, we make “bets” according to a simple strategy. Our return on investment is both positive and statistically significant.</jats:p> |
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author | Buttrey, Samuel E. |
author_facet | Buttrey, Samuel E., Buttrey, Samuel E. |
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container_issue | 2 |
container_start_page | 87 |
container_title | Journal of Quantitative Analysis in Sports |
container_volume | 12 |
description | <jats:title>Abstract</jats:title> <jats:p>This article describes a method for predicting the outcome of National Hockey League (NHL) games. We combine a model for goal scoring and yielding, and one for penalty commission, in a Markov-type computation and a simulation model that produce predicted probabilities of victory for each team. Where these differ substantially from the market probabilities, we make “bets” according to a simple strategy. Our return on investment is both positive and statistically significant.</jats:p> |
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spelling | Buttrey, Samuel E. 1559-0410 2194-6388 Walter de Gruyter GmbH Decision Sciences (miscellaneous) Social Sciences (miscellaneous) http://dx.doi.org/10.1515/jqas-2015-0003 <jats:title>Abstract</jats:title> <jats:p>This article describes a method for predicting the outcome of National Hockey League (NHL) games. We combine a model for goal scoring and yielding, and one for penalty commission, in a Markov-type computation and a simulation model that produce predicted probabilities of victory for each team. Where these differ substantially from the market probabilities, we make “bets” according to a simple strategy. Our return on investment is both positive and statistically significant.</jats:p> Beating the market betting on NHL hockey games Journal of Quantitative Analysis in Sports |
spellingShingle | Buttrey, Samuel E., Journal of Quantitative Analysis in Sports, Beating the market betting on NHL hockey games, Decision Sciences (miscellaneous), Social Sciences (miscellaneous) |
title | Beating the market betting on NHL hockey games |
title_full | Beating the market betting on NHL hockey games |
title_fullStr | Beating the market betting on NHL hockey games |
title_full_unstemmed | Beating the market betting on NHL hockey games |
title_short | Beating the market betting on NHL hockey games |
title_sort | beating the market betting on nhl hockey games |
title_unstemmed | Beating the market betting on NHL hockey games |
topic | Decision Sciences (miscellaneous), Social Sciences (miscellaneous) |
url | http://dx.doi.org/10.1515/jqas-2015-0003 |