首页> 外文期刊>Journal of Mathematics and Statistics >A MATHEMATICAL ANALYSIS OF THE INCLUSION OF INSTITUTIONAL BETTING FUNDS INTO STOCK MARKET: THE CASE OF TECHNICAL AND FUNDAMENTAL PAYOFF MODELS IN HORSERACE BETTING | Science Publications
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A MATHEMATICAL ANALYSIS OF THE INCLUSION OF INSTITUTIONAL BETTING FUNDS INTO STOCK MARKET: THE CASE OF TECHNICAL AND FUNDAMENTAL PAYOFF MODELS IN HORSERACE BETTING | Science Publications

机译:机构投注资金纳入股票市场的数学分析:以马术投注中的技术和基本支付模型为例|科学出版物

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> Horserace win and place returns have yet to be considered seriously as portfolio inputs in financial trading markets. However there exist technical and fundamental stochastic models of parametric and nonparametric distribution that appear to optimize expected returns from win and place investing in the horserace wagering market. In this study, a complex number optimization technique is introduced and applied to develop a deterministic betting model that calculates actual returns from the win and place betting. Using classes of models mentioned, field win bet payoff results were generated for a sample of successive global galloper races from Australasia, Asia and the United Kingdom. It was noted double digit returns exceeding 10% were consistently achieved within minutes of horserace investing, with arbitrage opportunity locked into prerace from the deterministic model. The results from this study provide evidence for serious investigation into the inclusion and benefit of Institutional Betting Funds into the local stock market.
机译: >赛马胜利和位置回报还没有被认真考虑作为金融交易市场中投资组合的投入。但是,存在参数和非参数分布的技术和基本随机模型,这些模型似乎可以优化在赛马投注市场中获胜和地方投资的预期回报。在这项研究中,引入了复数最优化技术并将其应用于开发确定性投注模型,该模型可计算获胜和位置投注的实际回报。使用提到的模型类别,为来自澳大拉西亚,亚洲和英国的连续全球加仑比赛的样本生成了现场赢彩支付结果。值得注意的是,在赛马投资的几分钟之内就始终获得超过10%的两位数回报,套利机会被确定性模型锁定在赛前。这项研究的结果为认真研究机构投注基金纳入本地股票市场及其收益提供了证据。

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