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Overreaction in Football Wagers.
Big Data ( IF 2.6 ) Pub Date : 2018-12-01 , DOI: 10.1089/big.2018.0036 Gary Smith 1 , Andrew Capron 1
Big Data ( IF 2.6 ) Pub Date : 2018-12-01 , DOI: 10.1089/big.2018.0036 Gary Smith 1 , Andrew Capron 1
Affiliation
Football scores are an imperfect measure of a team's ability, and consequently exaggerate differences in abilities. Those teams that perform the best and the worst are not really so far from average in their ability; thus their future performances regress to the mean. Betting data indicate that gamblers do not fully account for this regression.
中文翻译:
足球博彩中的反应过度。
足球分数不能完美衡量球队的能力,因此会夸大能力差异。那些表现最好和最差的团队实际上并没有达到平均水平。因此,他们的未来表现会下降到中等水平。投注数据表明,赌徒并没有完全考虑这种回归。
更新日期:2018-12-01
中文翻译:
足球博彩中的反应过度。
足球分数不能完美衡量球队的能力,因此会夸大能力差异。那些表现最好和最差的团队实际上并没有达到平均水平。因此,他们的未来表现会下降到中等水平。投注数据表明,赌徒并没有完全考虑这种回归。