TY - JOUR
T1 - A social selection mechanism for sports betting market
AU - Li, Yung Ming
AU - Hsieh, Chin Yu
AU - Fan, Shi Nien
N1 - Publisher Copyright:
© 2023 Elsevier B.V.
PY - 2023
Y1 - 2023
N2 - With the trend of negative interest rates, people have higher motivation to invest financial products by themselves rather than saving in the banks. Besides, the Supreme Court of US lets states legalize sport betting, which makes sports betting a hot rising investment target. With the advancement of social platforms, people can share their investment experience on the Internet. Along with the paradigm, social sports betting platforms, in which people can share their betting experiences and selections with each other, were promisingly developed. To identify valuable information and profitable selections, the bettor must have sports insights and betting experiences, which is a significant barrier. In this study, we propose a sports betting selection mechanism based on machine learning driven collective intelligence from the experts in the social betting platforms, to help bettor make their selections.
AB - With the trend of negative interest rates, people have higher motivation to invest financial products by themselves rather than saving in the banks. Besides, the Supreme Court of US lets states legalize sport betting, which makes sports betting a hot rising investment target. With the advancement of social platforms, people can share their investment experience on the Internet. Along with the paradigm, social sports betting platforms, in which people can share their betting experiences and selections with each other, were promisingly developed. To identify valuable information and profitable selections, the bettor must have sports insights and betting experiences, which is a significant barrier. In this study, we propose a sports betting selection mechanism based on machine learning driven collective intelligence from the experts in the social betting platforms, to help bettor make their selections.
KW - Collective intelligence
KW - Intelligent investment
KW - Recommendation system
KW - Social platform
KW - Sports betting
UR - http://www.scopus.com/inward/record.url?scp=85177023524&partnerID=8YFLogxK
U2 - 10.1016/j.dss.2023.114119
DO - 10.1016/j.dss.2023.114119
M3 - Article
AN - SCOPUS:85177023524
SN - 0167-9236
JO - Decision Support Systems
JF - Decision Support Systems
M1 - 114119
ER -