The Analysis of Sports Forecasting: Modeling Parallels between Sports Gambling and Financial Markets - Hardcover

Mallios, William S.

 
9780792377139: The Analysis of Sports Forecasting: Modeling Parallels between Sports Gambling and Financial Markets

Synopsis

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.

"synopsis" may belong to another edition of this title.

Other Popular Editions of the Same Title

9781441949585: The Analysis of Sports Forecasting: Modeling Parallels between Sports Gambling and Financial Markets

Featured Edition

ISBN 10:  1441949585 ISBN 13:  9781441949585
Publisher: Springer, 2010
Softcover