The Application of Hurdle Models to Accurately Model 0-0 Draws in Predictive Models of Football Match Outcomes

Research output: Chapter in Book/Report/Conference proceedingConference proceeding

Abstract

A novel application of so-called hurdle models is presented in the context of association football match prediction models, which has the flexibility of being able to capture either the deflation or inflation of the probability of 0-0 scores. The deployment of the model in real time on week by week basis to develop one-round ahead predicted forecasts is discussed in the context of a Bayesian framework. The problem of forming appropriate informative prior distributions for parameters that need to satisfy sum to zero constraints is also developed. Using match results data from the Scottish Premier League, the use of the hurdle model approach is shown to improve the predictive accuracy of the probability of 0-0 scores and can lead to a potentially profitable betting strategy when used for betting on the 0-0 score market.
Original languageEnglish
Title of host publicationProceedings of MathSport International 2017 Conference
Subtitle of host publicationProceedings
EditorsCarla De Francesco, Luigi De Giovanni, Marco Ferrante, Giovanni Fonseca, Francesco Lisi, Silvia Pontarollo
PublisherPadova University Press
Pages295-304
Number of pages10
ISBN (Electronic)978-88-6938-058-7
Publication statusPublished - 26 Jun 2017
EventMathsport International Conference 2017 - Padua, Italy
Duration: 26 Jun 201728 Jun 2017

Conference

ConferenceMathsport International Conference 2017
CountryItaly
CityPadua
Period26/06/1728/06/17

Cite this

Owen, A. (2017). The Application of Hurdle Models to Accurately Model 0-0 Draws in Predictive Models of Football Match Outcomes. In C. De Francesco, L. De Giovanni, M. Ferrante, G. Fonseca, F. Lisi, & S. Pontarollo (Eds.), Proceedings of MathSport International 2017 Conference: Proceedings (pp. 295-304). Padova University Press.

The Application of Hurdle Models to Accurately Model 0-0 Draws in Predictive Models of Football Match Outcomes. / Owen, Alun.

Proceedings of MathSport International 2017 Conference: Proceedings. ed. / Carla De Francesco; Luigi De Giovanni; Marco Ferrante; Giovanni Fonseca; Francesco Lisi; Silvia Pontarollo. Padova University Press, 2017. p. 295-304.

Research output: Chapter in Book/Report/Conference proceedingConference proceeding

Owen, A 2017, The Application of Hurdle Models to Accurately Model 0-0 Draws in Predictive Models of Football Match Outcomes. in C De Francesco, L De Giovanni, M Ferrante, G Fonseca, F Lisi & S Pontarollo (eds), Proceedings of MathSport International 2017 Conference: Proceedings. Padova University Press, pp. 295-304, Mathsport International Conference 2017, Padua, Italy, 26/06/17.
Owen A. The Application of Hurdle Models to Accurately Model 0-0 Draws in Predictive Models of Football Match Outcomes. In De Francesco C, De Giovanni L, Ferrante M, Fonseca G, Lisi F, Pontarollo S, editors, Proceedings of MathSport International 2017 Conference: Proceedings. Padova University Press. 2017. p. 295-304
Owen, Alun. / The Application of Hurdle Models to Accurately Model 0-0 Draws in Predictive Models of Football Match Outcomes. Proceedings of MathSport International 2017 Conference: Proceedings. editor / Carla De Francesco ; Luigi De Giovanni ; Marco Ferrante ; Giovanni Fonseca ; Francesco Lisi ; Silvia Pontarollo. Padova University Press, 2017. pp. 295-304
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