Price Prediction in Sports Betting Markets

  • Juan M. Alberola
  • Ana Garcia-Fornes
  • Agustin Espinosa
Conference paper
Part of the Lecture Notes in Computer Science book series (LNCS, volume 6251)


The sports betting market has emerged as one of the most lucrative markets in recent years. In this kind of prediction market, participants trade assets related to sports events according to their expectations. Prices in sports betting markets continually change depending on what is happening in the event. In this paper we propose an approach focused on predicting price movements in order to make benefits regardless of the final result.

We develop an agent who participates in the market focused on the task of learning the price movements in order to make predictions of future prices. Our approach is based on identifying and learn pattern price movements in order to predict the price movements of new events by using an underlying Case Based Reasoning system.


Multiagent System Future Price Price Movement Price Evolution Prediction Market 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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Copyright information

© Springer-Verlag Berlin Heidelberg 2010

Authors and Affiliations

  • Juan M. Alberola
    • 1
  • Ana Garcia-Fornes
    • 1
  • Agustin Espinosa
    • 1
  1. 1.Departament de Sistemes Informàtics i ComputacióUniversitat Politècnica de ValènciaValènciaSpain

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