Fuzzy Logic Approach to Modeling of Bookmaker's Behaviour

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F68407700%3A21230%2F07%3A00133566" target="_blank" >RIV/68407700:21230/07:00133566 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Fuzzy Logic Approach to Modeling of Bookmaker's Behaviour
Original language description
The paper deals with the problem of modeling of behavior of a bookmaker who is determining odds of sport events in betting shops. This problem is solved using methods based on soft computing, especially fuzzy linguistic systems. The model is created based on knowledge base given by an expert (a human bookmaker). As the expert knowledge can not be obtained precisely and it is expressed linguistically a fuzzy linguistic system was used to interpret it. The on soft computing based bookmaker was used to determine odds of tennis encounters and the results were compared with the odds generated by the human one.
Czech name
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Czech description
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Project
Result was created during the realization of more than one project. More information in the Projects tab.
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)<br>Z - Vyzkumny zamer (s odkazem do CEZ)

Publication year
2007
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
7th International Conference on Intelligent Systems Design and Applications
ISBN
978-0-7695-2976-9
ISSN
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e-ISSN
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Number of pages
6
Pages from-to
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Publisher name
Universidade do Estado do Rio de Janeiro
Place of publication
Rio de Janeiro
Event location
Rio de Janeiro
Event date
Oct 22, 2007
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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