Assessing the effectiveness of fuzzy logic-based models for predicting sports event outcomes: A CRITIC-VIKOR approach

Incorporating fuzzy logic-based models into sports prediction has generated significant interest due to the intricate nature of athletic events and the many factors influencing their outcomes. This study evaluates the effectiveness of fuzzy logic-based models in predicting sports event outcomes using a hybrid CRITIC-VIKOR approach. The objective is to improve the accuracy and reliability of sports predictions by addressing the complexity and uncertainty inherent in sports data. The study utilizes a comprehensive dataset comprising historical data on team performance, player statistics, and other relevant factors influencing sports outcomes. The CRITIC method determines each criterion's importance, while the VIKOR method ranks the predictive models to identify the optimal choice. Key findings indicate that the proposed hybrid approach significantly enhances the precision of predictions compared to traditional methods. The best-performing model identified through this approach provides reliable decision support for sports analysts, coaches, and managers. The study recommends incorporating this integrated model into sports analytics for better team management and sports betting decision-making.

Authors

Publication Details

Journal
PLoS ONE
Published
2024-12-23
DOI
https://doi.org/10.1371/journal.pone.0313913
Citations
5
Primary Topic
Sports Analytics and Performance
Type
article
Field-Weighted Citation Impact
5.65
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article

Assessing the effectiveness of fuzzy logic-based models for predicting sports event outcomes: A CRITIC-VIKOR approach

T. Liu
5 citations
PLoS ONE
Sports Analytics and Performance
5.65
article

Assessing the effectiveness of fuzzy logic-based models for predicting sports event outcomes: A CRITIC-VIKOR approach

T. Liu
article en
5 citations

Abstract

Incorporating fuzzy logic-based models into sports prediction has generated significant interest due to the intricate nature of athletic events and the many factors influencing their outcomes. This study evaluates the effectiveness of fuzzy logic-based models in predicting sports event outcomes using a hybrid CRITIC-VIKOR approach. The objective is to improve the accuracy and reliability of sports predictions by addressing the complexity and uncertainty inherent in sports data. The study utilizes a comprehensive dataset comprising historical data on team performance, player statistics, and other relevant factors influencing sports outcomes. The CRITIC method determines each criterion's importance, while the VIKOR method ranks the predictive models to identify the optimal choice. Key findings indicate that the proposed hybrid approach significantly enhances the precision of predictions compared to traditional methods. The best-performing model identified through this approach provides reliable decision support for sports analysts, coaches, and managers. The study recommends incorporating this integrated model into sports analytics for better team management and sports betting decision-making.

PLoS ONEVol. 19(12)
Peace, Justice and strong institutions
Openalex Percentile: Top 4%
Sports Analytics and Performance
5.65
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