Sports modelling and betting markets are of great interest to many researchers, especially those from an economic or mathematical background. Historically, the initial development of probability was due to gambling.
The history of probabilistic studies
An Italian priest
The rise of sports analytics
Fast forward to today, most recent probabilistic techniques were developed within the financial sector. The interest in probabilistic studies within the betting
The Moneyball approach refers to the success of Oakland Athletics baseball team that was based on statistical techniques; published in a book and a film starring Brad Pitt. Although
The research conducted in this area is particularly extensive as the sports industry has become a financial behemoth in itself. It is well-known that such analysis has
Some researchers compare the predictive capability of their models by beating a betting market. Researchers in this domain are
The best starting point when in search of such a paper is to use google scholar, which is a search engine for academic publications. You can also create alerts to follow particular titles or authors.
On reading a paper, take a note of which other articles it refers to (called citing). Details of citations are usually to be found in the references section at the end of a paper. Similarly, using the google search engine, you can find other articles that are citing the one that interests you.
Academic publications are typically published in a refereed journal. ‘Refereed’ means that the article was anonymously vetted for quality and suitability of the publication in the journal.
That means that all attempts to publish academic material are checked by other researchers who may accept or reject the paper altogether. Only the accepted ones are published.
Top online journals on sports betting
This results of this peer review
- The Journal of Applied Economics
- The Journal of Gambling Business and Economics
- The Journal of Performance Analysis in Sports
- The Journal of Prediction Markets
- The Journal of Quantitative Analysis in Sports
- The Journal of Sports Economics
The bad news is that some of these are behind a pay-wall. So, what if you want to read a paper which you cannot access? Firstly, if you are a student at any educational institution you probably have access to the paper through your library.
Secondly, you can ‘google scholar’ the paper as it might be available as a pre-print elsewhere.
Finally, consider contacting the author or viewing their personal
Some academic publications are open-access: that is free for all to read. Typically this is a journal policy or the author pays a fee to publish or a sponsor has paid an additional fee to make it ‘Open Access’.
Pinnacle, for example, have recently paid the Open Access fee for my latest
Good luck with your hunting for academic publications!