scholarly journals The market for English Premier League (EPL) odds

2016 ◽  
Vol 12 (4) ◽  
Author(s):  
Guanhao Feng ◽  
Nicholas Polson ◽  
Jianeng Xu
Keyword(s):  
Real Time ◽  
Implied Volatility ◽  
Future Research ◽  
Dynamic Representation ◽  
Premier League ◽  
Game Outcome ◽  
English Premier League ◽  
Betting Odds

AbstractThis paper employs a Skellam process to represent real-time betting odds for English Premier League (EPL) soccer games. Given a matrix of market odds on all possible score outcomes, we estimate the expected scoring rates for each team. The expected scoring rates then define the implied volatility of an EPL game. As events in the game evolve, we re-estimate the expected scoring rates and our implied volatility measure to provide a dynamic representation of the market’s expectation of the game outcome. Using a dataset of 1520 EPL games from 2012–2016, we show how our model calibrates well to the game outcome. We illustrate our methodology on real-time market odds data for a game between Everton and West Ham in the 2015–2016 season. We show how the implied volatility for the outcome evolves as goals, red cards, and corner kicks occur. Finally, we conclude with directions for future research.

scholarly journals The Football Supporter in a Cosmopolitan Epoch

2017 ◽  
Vol 41 (2) ◽  
pp. 133-150 ◽  
Author(s):  
Renan Petersen-Wagner
Keyword(s):  
Social Media ◽  
Future Research ◽  
Ethnographic Research ◽  
Time And Space ◽  
Premier League ◽  
Space Compression ◽  
English Premier League ◽  
The Way

Arguably, the later process of globalization served to reshape how socializations are fostered and maintained across time and space. In addition, in the last 15 years, a new phenomenon that reinvigorated time and space compression has emerged: social media. Moreover, it is argued that the conjunction of those processes can be seen as taking place on a distinct Age—the Anthropocene or the cosmopolitan epoch. Arguably, those processes have the capacity to alter the way individuals enact their football fandom. In this light, this article seeks to conceptualize one particular football support identity that takes into account this fragmented period. Based on an 18-month ethnographic research with supporters of one English Premier League club, this article conceptualizes the football fan in the Anthropocene as the cosmopolitan flâneur. I conclude by pointing out to some prospective avenues for future research based on a cosmopolitan imagination.

scholarly journals Fans’ Perceptions towards Video Assistant Referee (VAR) in the English Premier League

2021 ◽  
Vol 14 (12) ◽  
pp. 573
Author(s):  
Tommy Hamsund ◽  
Nicolas Scelles
Keyword(s):  
Real Time ◽  
Online Survey ◽  
Age Groups ◽  
Association Football ◽  
Premier League ◽  
Younger Age ◽  
Potential Benefits ◽  
English Premier League ◽  
Made In

The video assistant referee (VAR) in association football was developed to help on-field referees judge potentially game-changing decisions correctly by reviewing video evidence in real time. VAR was implemented by the English Premier League (EPL) ahead of the 2019/20 season. Despite its potential benefits, VAR also presents the risk of not being well perceived by fans. This article aims to investigate fans’ perceptions towards VAR in the EPL. Total of 1350 EPL fans from different age groups above 18 years old completed an online survey on their opinion of VAR and changes they felt would make VAR better. The majority of fans were happy for VAR to continue being used in the EPL, but expressed that changes need to be made in terms of how VAR is being used by on-field referees and to assess certain situations. All age groups were generally positive towards the idea of using technology in the EPL to support referee decisions and provide more information to in-stadium fans, but younger age groups showed significantly more positive perceptions than their older counterparts. Implications include advice for the EPL to make changes according to fans’ opinions and to develop frameworks for making changes with fans as stakeholders in mind.

scholarly journals Game Outcome Uncertainty in the English Premier League

2016 ◽  
Vol 19 (5) ◽  
pp. 625-644 ◽  
Author(s):  
Dominik Schreyer ◽  
Sascha L. Schmidt ◽  
Benno Torgler
Keyword(s):  
Positive Relation ◽  
Male And Female ◽  
Premier League ◽  
Game Outcome ◽  
Marketing Activities ◽  
Uncertainty Of Outcome ◽  
English Premier League

Despite the increasing internationalization of marketing activities by professional sporting clubs, previous research exploring the role of game outcome uncertainty (GOU) in spectator demand has been exclusively conducted within national contexts. As a consequence, very little is known about the preferences of international television (TV) spectators watching games from abroad. Hence, this study analyzes all 571 English Premier League (EPL) games broadcast in Germany between the seasons 2011-2012 and 2015-2016 in order to explore whether TV demand for transnational football games is affected by GOU. In line with the prominent uncertainty of outcome hypothesis, the results of this analysis reveal a significant and positive relation between German EPL demand and GOU. This result, however, is not consistent for male and female spectators.

scholarly journals The Importance of Implementing Cyber Physical Systems to Acquire Real-Time Data and Indicators

J ◽  
2021 ◽  
Vol 4 (2) ◽  
pp. 147-153
Author(s):  
Paula Morella ◽  
María Pilar Lambán ◽  
Jesús Antonio Royo ◽  
Juan Carlos Sánchez
Keyword(s):  
Decision Making ◽  
Data Acquisition ◽  
Real Time ◽  
Failure Detection ◽  
Cyber Physical Systems ◽  
Future Research ◽  
Time Data ◽  
Physical Systems ◽  
The Real ◽  
Real Time Data

Among the new trends in technology that have emerged through the Industry 4.0, Cyber Physical Systems (CPS) and Internet of Things (IoT) are crucial for the real-time data acquisition. This data acquisition, together with its transformation in valuable information, are indispensable for the development of real-time indicators. Moreover, real-time indicators provide companies with a competitive advantage over the competition since they enhance the calculus and speed up the decision-making and failure detection. Our research highlights the advantages of real-time data acquisition for supply chains, developing indicators that would be impossible to achieve with traditional systems, improving the accuracy of the existing ones and enhancing the real-time decision-making. Moreover, it brings out the importance of integrating technologies 4.0 in industry, in this case, CPS and IoT, and establishes the main points for a future research agenda of this topic.

scholarly journals Asymmetry after Hamstring Injury in English Premier League: Issue Resolved, Or Perhaps Not?

2015 ◽  
Vol 36 (06) ◽  
pp. 455-459 ◽  
Author(s):  
P. Barreira ◽  
B. Drust ◽  
M. Robinson ◽  
J. Vanrenterghem
Keyword(s):  
Hamstring Injury ◽  
Premier League ◽  
English Premier League

scholarly journals A Comprehensive Survey on Cyber-Physical Smart Grid Testbed Architectures: Requirements and Challenges

Electronics ◽  
2021 ◽  
Vol 10 (9) ◽  
pp. 1043
Author(s):  
Abdallah A. Smadi ◽  
Babatunde Tobi Ajao ◽  
Brian K. Johnson ◽  
Hangtian Lei ◽  
Yacine Chakhchoukh ◽  
...  
Keyword(s):  
Smart Grid ◽  
Real Time ◽  
Smart Grids ◽  
Data Exchange ◽  
Information Technologies ◽  
New Technologies ◽  
Rapid Development ◽  
Environmental Benefits ◽  
Future Research ◽  
Time Data

The integration of improved control techniques with advanced information technologies enables the rapid development of smart grids. The necessity of having an efficient, reliable, and flexible communication infrastructure is achieved by enabling real-time data exchange between numerous intelligent and traditional electrical grid elements. The performance and efficiency of the power grid are enhanced with the incorporation of communication networks, intelligent automation, advanced sensors, and information technologies. Although smart grid technologies bring about valuable economic, social, and environmental benefits, testing the combination of heterogeneous and co-existing Cyber-Physical-Smart Grids (CP-SGs) with conventional technologies presents many challenges. The examination for both hardware and software components of the Smart Grid (SG) system is essential prior to the deployment in real-time systems. This can take place by developing a prototype to mimic the real operational circumstances with adequate configurations and precision. Therefore, it is essential to summarize state-of-the-art technologies of industrial control system testbeds and evaluate new technologies and vulnerabilities with the motivation of stimulating discoveries and designs. In this paper, a comprehensive review of the advancement of CP-SGs with their corresponding testbeds including diverse testing paradigms has been performed. In particular, we broadly discuss CP-SG testbed architectures along with the associated functions and main vulnerabilities. The testbed requirements, constraints, and applications are also discussed. Finally, the trends and future research directions are highlighted and specified.

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