ESTIMATING SOCCER RESULTS IN THE ISRAELI LEAGUE

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Published: Jan 2, 2013
DOI: https://doi.org/10.5750/jgbe.v5i2.568

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Nissim Ben-David
Max Stern Academic College of Emek Yezreel
Ben David Evyatar
Department of Economics and Finance, Yezreel Academy

Abstract

In this paper, we suggest a method that uses past soccer tournament results to estimate the probabilities for the various possible scores of soccer game matches.Given forecasted probabilities, we try to have the best guess for bets concerning the results in the Israeli league. We applied the method for estimating the probabilities of wining, losing or ending in a tie for any possible future match amongst the sixteen premier Israeli league teams. The method we suggest may be used for sport bets for decreasing cost while improving the probability of success.

Article Details

Issue
Vol. 5 No. 2 (2011)
Section
Articles

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