Betting sites and prediction markets have been a leading source for the odds of different events and, more recently, the upcoming FIFA World Cup. Even the economics research team at investment bank Goldman Sachs have thrown their hats into the ring.
Goldman Sachs released World Cup predictions giving Spain a 26% chance to win and France 19%.
The investment bank analyzed nearly 20,000 matches since 1978 but acknowledges soccer's inherent unpredictability limits its model.
Online prediction markets absorb more information than Goldman's model and tend to be more efficient, experts say.
AI-generated summary was reviewed by a CNN editor.
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