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Estiamting Soccer Results in the Israeli League

Author

Listed:
  • Nissim Ben David

    (Emek Yezreel Academic College)

  • Evyatar Ben David

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.

Suggested Citation

  • Nissim Ben David & Evyatar Ben David, 2011. "Estiamting Soccer Results in the Israeli League," Journal of Gambling Business and Economics, University of Buckingham Press, vol. 5(2), pages 23-41, July.
  • Handle: RePEc:buc:jgbeco:v:5:y:2011:i:2:p:23-41
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    File URL: http://www.ubplj.org/index.php/jgbe/article/view/568
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    More about this item

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism

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