Predicting football match outcomes with machine learning approaches

The increasing use of data-driven approaches has led to the development of models to predict football match outcomes. However, predicting match outcomes accurately remains a challenge due to the sport's inherent unpredictability. In this study, we have investigated the usage of different machi...

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Main Authors: Bing Shen Choi, Lee Kien Foo, Sook-Ling Chua
Format: Article
Language:English
Published: Brno University of Technology 2023-12-01
Series:Mendel
Subjects:
Online Access:https://mendel-journal.org/index.php/mendel/article/view/263
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author Bing Shen Choi
Lee Kien Foo
Sook-Ling Chua
author_facet Bing Shen Choi
Lee Kien Foo
Sook-Ling Chua
author_sort Bing Shen Choi
collection DOAJ
description The increasing use of data-driven approaches has led to the development of models to predict football match outcomes. However, predicting match outcomes accurately remains a challenge due to the sport's inherent unpredictability. In this study, we have investigated the usage of different machine learning models in predicting the outcome of English Premier League matches. We assessed the performance of random forest, logistic regression, linear support vector classifier and extreme gradient boosting models for binary and multiclass classification. These models are trained with datasets obtained using different sampling techniques. The result showed that the models performed better when trained with dataset obtained using a balanced sampling technique for binary classification. Additionally, the models' predictions were evaluated by conducting simulation on football betting profits based on the 2022-2023 EPL season. The model achieved the highest accuracy is the binary class random forest, but the model provided the highest football betting profit is the binary class logistic regression.
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spelling doaj.art-e8f892ebfc9841b28cbb23cb839cad952023-12-07T22:40:34ZengBrno University of TechnologyMendel1803-38142571-37012023-12-0129210.13164/mendel.2023.2.229Predicting football match outcomes with machine learning approachesBing Shen Choi0Lee Kien Foo1Sook-Ling Chua2Multimedia University - MMU Cyberjaya, MalaysiaMultimedia UniversityMultimedia University - MMU Cyberjaya, Malaysia The increasing use of data-driven approaches has led to the development of models to predict football match outcomes. However, predicting match outcomes accurately remains a challenge due to the sport's inherent unpredictability. In this study, we have investigated the usage of different machine learning models in predicting the outcome of English Premier League matches. We assessed the performance of random forest, logistic regression, linear support vector classifier and extreme gradient boosting models for binary and multiclass classification. These models are trained with datasets obtained using different sampling techniques. The result showed that the models performed better when trained with dataset obtained using a balanced sampling technique for binary classification. Additionally, the models' predictions were evaluated by conducting simulation on football betting profits based on the 2022-2023 EPL season. The model achieved the highest accuracy is the binary class random forest, but the model provided the highest football betting profit is the binary class logistic regression. https://mendel-journal.org/index.php/mendel/article/view/263ClassificationMachine LearningSampling TechniquesMulticlassBinaryFootball Prediction
spellingShingle Bing Shen Choi
Lee Kien Foo
Sook-Ling Chua
Predicting football match outcomes with machine learning approaches
Mendel
Classification
Machine Learning
Sampling Techniques
Multiclass
Binary
Football Prediction
title Predicting football match outcomes with machine learning approaches
title_full Predicting football match outcomes with machine learning approaches
title_fullStr Predicting football match outcomes with machine learning approaches
title_full_unstemmed Predicting football match outcomes with machine learning approaches
title_short Predicting football match outcomes with machine learning approaches
title_sort predicting football match outcomes with machine learning approaches
topic Classification
Machine Learning
Sampling Techniques
Multiclass
Binary
Football Prediction
url https://mendel-journal.org/index.php/mendel/article/view/263
work_keys_str_mv AT bingshenchoi predictingfootballmatchoutcomeswithmachinelearningapproaches
AT leekienfoo predictingfootballmatchoutcomeswithmachinelearningapproaches
AT sooklingchua predictingfootballmatchoutcomeswithmachinelearningapproaches