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

Kizildemir M., Akin E., Alkan A.

Journal of Quantitative Analysis in Sports, vol.21, no.2, pp.153-158, 2025 (ESCI, Scopus) identifier identifier

  • Publication Type: Article / Article
  • Volume: 21 Issue: 2
  • Publication Date: 2025
  • Doi Number: 10.1515/jqas-2024-0064
  • Journal Name: Journal of Quantitative Analysis in Sports
  • Journal Indexes: Emerging Sources Citation Index (ESCI), Scopus, CAB Abstracts, SportDiscus
  • Page Numbers: pp.153-158
  • Keywords: probability forecasting, Shin's model, sports forecasting
  • Middle East Technical University Affiliated: Yes

Abstract

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.