Forecasting in Financial and Sports Gambling Markets

Forecasting in Financial and Sports Gambling Markets
Author: William S. Mallios
Publisher: John Wiley & Sons
Total Pages: 207
Release: 2011-03-29
Genre: Mathematics
ISBN: 1118099532

A guide to modeling analyses for financial and sports gambling markets, with a focus on major current events Addressing the highly competitive and risky environments of current-day financial and sports gambling markets, Forecasting in Financial and Sports Gambling Markets details the dynamic process of constructing effective forecasting rules based on both graphical patterns and adaptive drift modeling (ADM) of cointegrated time series. The book uniquely identifies periods of inefficiency that these markets oscillate through and develops profitable forecasting models that capitalize on irrational behavior exhibited during these periods. Providing valuable insights based on the author's firsthand experience, this book utilizes simple, yet unique, candlestick charts to identify optimal time periods in financial markets and optimal games in sports gambling markets for which forecasting models are likely to provide profitable trading and wagering outcomes. Featuring detailed examples that utilize actual data, the book addresses various topics that promote financial and mathematical literacy, including: Higher order ARMA processes in financial markets The effects of gambling shocks in sports gambling markets Cointegrated time series with model drift Modeling volatility Throughout the book, interesting real-world applications are presented, and numerous graphical procedures illustrate favorable trading and betting opportunities, which are accompanied by mathematical developments in adaptive model forecasting and risk assessment. A related web site features updated reviews in sports and financial forecasting and various links on the topic. Forecasting in Financial and Sports Gambling Markets is an excellent book for courses on financial economics and time series analysis at the upper-undergraduate and graduate levels. The book is also a valuable reference for researchers and practitioners working in the areas of retail markets, quant funds, hedge funds, and time series. Also, anyone with a general interest in learning about how to profit from the financial and sports gambling markets will find this book to be a valuable resource.

SPORTS METRIC FORECASTING

SPORTS METRIC FORECASTING
Author: William Mallios
Publisher: Xlibris Corporation
Total Pages: 150
Release: 2014-07-26
Genre: Sports & Recreation
ISBN: 1499042736

Fuzzy Systems and Data MiningII

Fuzzy Systems and Data MiningII
Author: S.-L. Sun
Publisher: IOS Press
Total Pages: 652
Release: 2016-11-24
Genre: Computers
ISBN: 1614997225

Fuzzy systems and data mining are now an essential part of information technology and data management, with applications affecting every imaginable aspect of our daily lives. This book contains 81 selected papers from those accepted and presented at the 2nd international conference on Fuzzy Systems and Data Mining (FSDM2016), held in Macau, China, in December 2016. This annual conference focuses on 4 main groups of topics: fuzzy theory, algorithm and system; fuzzy applications; the interdisciplinary field of fuzzy logic and data mining; and data mining, and the event provided a forum where more than 100 qualified, high-level researchers and experts from over 20 countries, including 4 keynote speakers, gathered to create an important platform for researchers and engineers worldwide to engage in academic communication. All the papers collected here present original ideas, methods and results of general significance supported by clear reasoning and compelling evidence, and as such the book represents a valuable and wide ranging reference resource of interest to all those whose work involves fuzzy systems and data mining.

Handbook of Sports and Lottery Markets

Handbook of Sports and Lottery Markets
Author: Donald B. Hausch
Publisher: Elsevier
Total Pages: 561
Release: 2011-08-11
Genre: Business & Economics
ISBN: 0080559956

Its basic empirical research and investigation of pure theories of investment in the sports and lottery markets make this volume a winner. These markets are simpler to study than traditional financial markets, and their expected values and outcomes are uncomplicated. By means of new overviews of scholarship on the industry side of racetrack and other betting markets to betting exchanges and market efficiencies, contributors consider a variety of sports in countries around the world. The result is not only superior information about market forecasting, but macro- and micro-analyses that are relevant to other markets. - Easily studied sports markets reveal features relevant for more complex traditional financial markets - Significant coverage of sports from racing to jai alai - New studies of betting exchanges and Internet wagering markets

Forecasting Expected Returns in the Financial Markets

Forecasting Expected Returns in the Financial Markets
Author: Stephen Satchell
Publisher: Elsevier
Total Pages: 299
Release: 2011-04-08
Genre: Business & Economics
ISBN: 0080550673

Forecasting returns is as important as forecasting volatility in multiple areas of finance. This topic, essential to practitioners, is also studied by academics. In this new book, Dr Stephen Satchell brings together a collection of leading thinkers and practitioners from around the world who address this complex problem using the latest quantitative techniques.*Forecasting expected returns is an essential aspect of finance and highly technical *The first collection of papers to present new and developing techniques *International authors present both academic and practitioner perspectives

The Analysis of Sports Forecasting

The Analysis of Sports Forecasting
Author: William S. Mallios
Publisher: Springer Science & Business Media
Total Pages: 301
Release: 2013-03-09
Genre: Business & Economics
ISBN: 1475767137

Given the magnitude of currency speculation and sports gambling, it is surprising that the literature contains mostly negative forecasting results. Majority opinion still holds that short term fluctuations in financial markets follow random walk. In this non-random walk through financial and sports gambling markets, parallels are drawn between modeling short term currency movements and modeling outcomes of athletic encounters. The forecasting concepts and methodologies are identical; only the variables change names. If, in fact, these markets are driven by mechanisms of non-random walk, there must be some explanation for the negative forecasting results. The Analysis of Sports Forecasting: Modeling Parallels Between Sports Gambling and Financial Markets examines this issue.

Sports Finance

Sports Finance
Author: Brian P. Soebbing
Publisher: MDPI
Total Pages: 99
Release: 2018-05-04
Genre: Business & Economics
ISBN: 303842871X

This book is a printed edition of the Special Issue "Sports Finance" that was published in IJFS

Information Efficiency in Financial and Betting Markets

Information Efficiency in Financial and Betting Markets
Author: Leighton Vaughan Williams
Publisher: Cambridge University Press
Total Pages: 412
Release: 2005-09-29
Genre: Business & Economics
ISBN: 1139445405

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.

Prediction Markets

Prediction Markets
Author: Leighton Vaughan Williams
Publisher: Routledge
Total Pages: 289
Release: 2011-06-16
Genre: Business & Economics
ISBN: 113671569X

How does one effectively aggregate disparate pieces of information that are spread among many different individuals? In other words, how does one best access the ‘wisdom of the crowd’? Prediction markets, which are essentially speculative markets created for the purpose of aggregating information and making predictions, offer the answer to this question. The effective use of these markets has the potential not only to help forecast future events on a national and international level, but also to assist companies, for example, in providing improved estimates of the potential market size for a new product idea or the launch date of new products and services. The markets have already been used to forecast uncertain outcomes ranging from influenza to the spread of infectious diseases, to the demand for hospital services, to the box office success of movies, climate change, vote shares and election outcomes, to the probability of meeting project deadlines. The insights gained also have many potentially valuable applications for public policy more generally. These markets offer substantial promise as a tool of information aggregation as well as forecasting, whether alone or as a supplement to other mechanisms like opinion surveys, group deliberations, panels of experts and focus groups. Moreover, they can be applied at a macroeconomic and microeconomic level to yield information that is valuable for government and commercial policy-makers and which can be used for a number of social purposes. This volume of original readings, contributed by many of the leading experts in the field, marks a significant addition to the base of knowledge about this fascinating subject area. The book should be of interest to anyone looking at monetary economics, economic forecasting and microeconomics.