The use of statistical tools for predicting the winner in tennis matches has enjoyed an increase in popularity over the last two decades and, currently, a variety of methods are available. In particular, paired comparison approaches make use of latent ability estimates or rating calculations to determine the probability that a player will win a match. In this paper, we extend this latter class of models by using network indicators for the predictions. We propose a measure based on eigenvector centrality. Unlike what happens for the standard paired comparisons class (where the rates or latent abilities only change at time t for those players involved in the matches at time t), the use of a centrality measure allows the ratings of the whole set of players to vary every time there is a new match. The resulting ratings are then used as a covariate in a simple logit model. Evaluating the proposed approach with respect to some popular competing specifications, we find that the centrality-based approach largely and consistently outperforms all the alternative models considered in terms of the prediction accuracy. Finally, the proposed method also achieves positive betting results.
Arcagni, A., Candila, V., Grassi, R. (2023). A new model for predicting the winner in tennis based on the eigenvector centrality. ANNALS OF OPERATIONS RESEARCH, 325(1), 615-632 [10.1007/s10479-022-04594-7].
A new model for predicting the winner in tennis based on the eigenvector centrality
Arcagni, Alberto;Grassi, Rosanna
2023
Abstract
The use of statistical tools for predicting the winner in tennis matches has enjoyed an increase in popularity over the last two decades and, currently, a variety of methods are available. In particular, paired comparison approaches make use of latent ability estimates or rating calculations to determine the probability that a player will win a match. In this paper, we extend this latter class of models by using network indicators for the predictions. We propose a measure based on eigenvector centrality. Unlike what happens for the standard paired comparisons class (where the rates or latent abilities only change at time t for those players involved in the matches at time t), the use of a centrality measure allows the ratings of the whole set of players to vary every time there is a new match. The resulting ratings are then used as a covariate in a simple logit model. Evaluating the proposed approach with respect to some popular competing specifications, we find that the centrality-based approach largely and consistently outperforms all the alternative models considered in terms of the prediction accuracy. Finally, the proposed method also achieves positive betting results.File | Dimensione | Formato | |
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