Abstract
ABSTRACTThe authors have previously introduced the concept of utilizing point spreads to measure competitive balance in professional sports and a methodology for doing so. They assessed competitive balance in the National Football League and the National Basketball Association. This methodology was extended to measuring competitive balance utilizing money lines in major league baseball. This study starts by applying the same model to the money lines for the 2005–2015 seasons to measure competitive balance in the National Hockey League. It then statistically adjusts the money lines under various scenarios to estimate the effects of overtime rules and shootouts on competitive balance. Similar analyses of overtime effects on competitive balance of other sports are also completed for comparison purposes. The results indicate that competitive balance in the National Hockey League increased rather substantially during this period and that overtime rules and shootouts have had a much larger positive impact on competitive balance in the NHL than overtime approaches have had on the competitive balance of any of the other sports examined.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
