Nonlinear modelling of European football scores using support vector machines

C-Tier
Journal: Applied Economics
Year: 2008
Volume: 40
Issue: 1
Pages: 111-118

Score contribution per author:

0.335 = (α=2.01 / 3 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This article explores the linear and nonlinear forecastability of European football match scores using IX2 and Asian Handicap odds data from the English Premier league. To this end, we compare the performance of a Poisson count regression to that of a nonparametric Support Vector Machine (SVM) model. Our descriptive analysis of the odds and match outcomes indicates that these variables are strongly interrelated in a nonlinear fashion. An interesting finding is that the size of the Asian Handicap appears to be a significant predictor of both home and away team scores. The modelling results show that while the SVM is only marginally superior on the basis of statistical criteria, it manages to produce out-of-sample forecasts with much higher economic significance.

Technical Details

RePEc Handle
repec:taf:applec:v:40:y:2008:i:1:p:111-118
Journal Field
General
Author Count
3
Added to Database
2026-01-25