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This paper presents a novel approach for optimizing betting strategies in sports gambling by integrating Von Neumann-Morgenstern Expected Utility Theory, deep learning techniques, and advanced formulations of the Kelly Criterion. By…

Portfolio Management · Quantitative Finance 2023-07-27 Vélez Jiménez , Román Alberto , Lecuanda Ontiveros , José Manuel , Edgar Possani

Cooperation is a fundamental social mechanism, whose effects on human performance have been investigated in several environments. Online games are modern-days natural settings in which cooperation strongly affects human behavior. Every day,…

Social and Information Networks · Computer Science 2019-08-22 Anna Sapienza , Palash Goyal , Emilio Ferrara

Do NFL teams make rational decisions? What factors potentially affect the probability of wining a game in NFL? How can a team come back from a demoralizing interception? In this study we begin by examining the hypothesis of rational…

Applications · Statistics 2017-02-08 Konstantinos Pelechrinis , Evangelos Papalexakis

A major technique in learning-augmented online algorithms is combining multiple algorithms or predictors. Since the performance of each predictor may vary over time, it is desirable to use not the single best predictor as a benchmark, but…

Machine Learning · Computer Science 2023-12-19 Antonios Antoniadis , Christian Coester , Marek Eliáš , Adam Polak , Bertrand Simon

The availability of massive data about sports activities offers nowadays the opportunity to quantify the relation between performance and success. In this study, we analyze more than 6,000 games and 10 million events in six European leagues…

Applications · Statistics 2017-11-17 Luca Pappalardo , Paolo Cintia

This paper aims to reduce randomness in football by analysing the role of lineups in final scores using machine learning prediction models we have developed. Football clubs invest millions of dollars on lineups and knowing how individual…

Machine Learning · Computer Science 2023-01-18 George Peters , Diogo Pacheco

Corner kicks are an important event in soccer because they are often the result of strong attacking play and can be of keen interest to sports fans and bettors. Peng, Hu, and Swartz (2024, Computational Statistics) formulate the mixture…

Methodology · Statistics 2026-02-27 Riley L Isaacs , X. Joan Hu , K. Ken Peng , Tim Swartz

This research work aims to develop an analytical approach for optimizing team formation and predicting team performance in a competitive environment based on data on the competitors' skills prior to the team formation. There are several…

Machine Learning · Computer Science 2024-02-02 Federico Galbiati , Ranier X. Gran , Brendan D. Jacques , Sullivan J. Mulhern , Chun-Kit Ngan

Intransitive player dominance, where player A beats B, B beats C, but C beats A, is common in competitive tennis. Yet, there are few known attempts to incorporate it within forecasting methods. We address this problem with a graph neural…

Machine Learning · Computer Science 2025-10-24 Lawrence Clegg , John Cartlidge

To predict the final result of an athlete in a marathon run thoroughly is the eternal desire of each trainer. Usually, the achieved result is weaker than the predicted one due to the objective (e.g., environmental conditions) as well as…

Neural and Evolutionary Computing · Computer Science 2017-05-10 Iztok Fister , Dušan Fister , Suash Deb , Uroš Mlakar , Janez Brest , Iztok Fister

We use the fertile ground of betting markets to study the anticipation of major news in financial markets. While there is a considerable body of literature on the accuracy and efficiency of betting markets after important in-match events,…

General Economics · Economics 2025-05-28 David Winkelmann , Christian Deutscher

Beginning with Witkowski et al. [2022], recent work on forecasting competitions has addressed incentive problems with the common winner-take-all mechanism. Frongillo et al. [2021] propose a competition mechanism based on…

Machine Learning · Computer Science 2023-03-27 Rafael Frongillo , Manuel Lladser , Anish Thilagar , Bo Waggoner

In recent years, data-driven approaches have become a popular tool in a variety of sports to gain an advantage by, e.g., analysing potential strategies of opponents. Whereas the availability of play-by-play or player tracking data in sports…

Applications · Statistics 2020-03-25 Marius Ötting

Sports betting's recent federal legalisation in the USA coincides with the golden age of machine learning. If bettors can leverage data to reliably predict the probability of an outcome, they can recognise when the bookmaker's odds are in…

Machine Learning · Computer Science 2024-02-02 Conor Walsh , Alok Joshi

With the vast amount of data collected on football and the growth of computing abilities, many games involving decision choices can be optimized. The underlying rule is the maximization of an expected utility of outcomes and the law of…

Machine Learning · Computer Science 2021-03-15 Preston Biro , Stephen G. Walker

Twitter has been proven to be a notable source for predictive modelling on various domains such as the stock market, the dissemination of diseases or sports outcomes. However, such a study has not been conducted in football (soccer) so far.…

Machine Learning · Statistics 2014-11-06 Stylianos Kampakis , Andreas Adamides

In competitive combat sports like boxing, analyzing a boxers's performance statics is crucial for evaluating the quantity and variety of punches delivered during bouts. These statistics provide valuable data and feedback, which are…

Computer Vision and Pattern Recognition · Computer Science 2025-02-18 Shashikanta Sahoo

Optimization based tracking methods have been widely successful by integrating a target model prediction module, providing effective global reasoning by minimizing an objective function. While this inductive bias integrates valuable domain…

Computer Vision and Pattern Recognition · Computer Science 2022-03-22 Christoph Mayer , Martin Danelljan , Goutam Bhat , Matthieu Paul , Danda Pani Paudel , Fisher Yu , Luc Van Gool

In a multi-battle contest, each time a player competes by investing some of her budgets or resources in a component battle to collect a value if winning the battle. There are multiple battles to fight, and the budgets get consumed over…

Computer Science and Game Theory · Computer Science 2016-02-15 Chu-Han Cheng , Po-An Chen , Wing-Kai Hon

Continual pre-training is widely used to adapt LLMs to target languages and domains, yet the mixture ratio of training data remains a sensitive hyperparameter that is expensive to tune: they must be fixed before training begins, and a…

Computation and Language · Computer Science 2026-04-07 Haiyue Song , Masao Utiyama