Twit­ter beats the odds for foot­ball pre­dic­tions

The Daily Telegraph - - News -

Twit­ter is bet­ter than the book­ies’ odds at pre­dict­ing the foot­ball re­sults after kick-off, a study has found.

Re­searchers from the Univer­sity of East Anglia’s school of eco­nom­ics and the Univer­sity of Read­ing an­a­lysed 13.8mil­lion tweets – an av­er­age of 5.2 per sec­ond – dur­ing the 2013-14 Premier League sea­son, as well as in-play bet­ting prices from Bet­fair, the on­line gam­bling com­pany.

They found that, if the com­bined tone of sup­porter tweets at any given sec­ond dur­ing a match was pos­i­tive, the favoured team was more likely to win than the bet­ting odds im­plied.

The find­ings are pub­lished in the jour­nal Eco­nomic In­quiry.

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.