Computing Publications

Publications Home » SPORTSBET: A Tool for the Quantit...

SPORTSBET: A Tool for the Quantitative Evaluation and Execution of Betting Exchange Trading Strategies

Polyvios Tsirimpas, William J. Knottenbelt

Conference or Workshop Paper
8th International Conference on Quantitative Evaluation of SysTems (QEST) 2011
8th International Conference on Quantitative Evaluation of SysTems (QEST) 2011
pp.155–156
September, 2011
CPS
DOI 10.1109/QEST.2011.30
Abstract

Betting exchange markets, which offer person-to-person betting, have attracted increasing interest due to their similarities with financial markets and their growing economic importance. This paper presents SPORTSBET, an event-driven tool for the quantitative evaluation of betting exchange trading strategies. It was developed to specify, execute and back-test parameterised betting strategies for a wide range of sports. SPORTSBET allows the definition of betting strategies in an extended version of the UrbiScript language as sets of concurrent processes which make use of event-calculus-like operators. Strategy performance is quantified by synchronizing multiple real time or historical data streams with a dynamic market reconstruction.

BibTEX file for the publication
 

pubs.doc.ic.ac.uk: built & maintained by Ashok Argent-Katwala.