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Real-time forecasting within soccer matches through a Bayesian lens

Soudeep Deb, Rishideep Roy and Chinmay J Divekar
Journal Name
Journal of Royal Statistical Society Series A
Journal Publication
others
Publication Year
2024
Journal Publications Functional Area
Decision Sciences
Publication Date
Vol. 187(2), April 2024, Pg. 513-540
Abstract

This article employs a Bayesian methodology to predict the results of soccer matches in real-time. Using sequential data of various events throughout the match, we utilise a multinomial probit regression in a novel framework to estimate the time-varying impact of covariates and to forecast the outcome. English Premier League data from eight seasons are used to evaluate the efficacy of our method. Different evaluation metrics establish that the proposed model outperforms potential competitors inspired by existing statistical or machine learning algorithms. Additionally, we apply robustness checks to demonstrate the model’s accuracy across various scenarios.

Real-time forecasting within soccer matches through a Bayesian lens

Author(s) Name: Soudeep Deb, Rishideep Roy and Chinmay J Divekar
Journal Name: Journal of Royal Statistical Society Series A
Volume: Vol. 187(2), April 2024, Pg. 513-540
Year of Publication: 2024
Abstract:

This article employs a Bayesian methodology to predict the results of soccer matches in real-time. Using sequential data of various events throughout the match, we utilise a multinomial probit regression in a novel framework to estimate the time-varying impact of covariates and to forecast the outcome. English Premier League data from eight seasons are used to evaluate the efficacy of our method. Different evaluation metrics establish that the proposed model outperforms potential competitors inspired by existing statistical or machine learning algorithms. Additionally, we apply robustness checks to demonstrate the model’s accuracy across various scenarios.