of the betting odds of past competitions becomes a good indicator to be able to make predictions. In this study, a prediction model has been proposed for football, which is more common than the other branches of sport. In this model, the basic design approach was to measure the similarity between
Betting odds are frequently found to outperform mathematical models in sports related forecasting tasks, however the factors contributing to betting odds are not fully traceable and in contrast to rating-based forecasts no straightforward measure of team-specific quality is deducible from the betting odds. The present study investigates the approach of combining the methods of mathematical ...
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1 1. Introduction to Sports Gambling 1.1. Similarities and Differences Compared to Traditional Gambling Sports gambling is a form of betting similar to traditional probability games
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