A family of solutions related to Shin's model for probability forecasts

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Kizildemir M., Akin E., Alkan A.

Journal of Quantitative Analysis in Sports, cilt.21, sa.2, ss.153-158, 2025 (ESCI, Scopus)

• Yayın Türü: Makale / Tam Makale
• Cilt numarası: 21 Sayı: 2
• Basım Tarihi: 2025
• Doi Numarası: 10.1515/jqas-2024-0064
• Dergi Adı: Journal of Quantitative Analysis in Sports
• Derginin Tarandığı İndeksler: Emerging Sources Citation Index (ESCI), Scopus, CAB Abstracts, SportDiscus
• Sayfa Sayıları: ss.153-158
• Anahtar Kelimeler: probability forecasting, Shin's model, sports forecasting
• Orta Doğu Teknik Üniversitesi Adresli: Evet

Özet

This work develops a family of solutions related to Shin's model in producing accurate probability forecasts. More precisely, closed-form solutions are derived based on an analytical approach to known solutions and evaluated experimentally for sports betting data sets.