Abstract | ||
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Gambling lines provide a rich source of data for Monte Carlo simulations of sports seasons. Since data for complete seasons are available after the seasons are completed, we refer to such simulations as retroactive gambling line simulations. We use the motivating and expository example of comparing the performances of the 2015-16 Golden State Warriors (who won a record 73 games) and the 1995-96 Chicago Bulls (who held the previous record of 72 wins) and provide a detailed treatment of this application. The more general applicability of the approach is examined by describing the flexibility in building the models and relating this flexibility to a few specific examples. We hope this paper will seed further explorations of retroactive gambling line simulation (and settle the Warriors vs. Bulls comparison along the way).
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Year | DOI | Venue |
---|---|---|
2017 | 10.5555/3242181.3242245 | WSC '17: Winter Simulation Conference
Las Vegas
Nevada
December, 2017 |
Keywords | Field | DocType |
1995-96 Chicago Bulls,2015-16 Golden State Warriors,sports seasons,Monte Carlo simulations,retroactive gambling line simulation | Monte Carlo method,Systems engineering,Computer science,Operations research | Conference |
ISSN | ISBN | Citations |
0891-7736 | 978-1-5386-3427-1 | 0 |
PageRank | References | Authors |
0.34 | 0 | 3 |
Name | Order | Citations | PageRank |
---|---|---|---|
R. Alan Bowman | 1 | 21 | 3.51 |
Thomas Ashman | 2 | 0 | 0.34 |
James Lambrinos | 3 | 0 | 0.34 |