Other markets : beating the bookies using data science

Any markets not covered in the other boards
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marksmeets302
Posts: 507
Joined: Thu Dec 10, 2009 4:37 pm

Sun Oct 22, 2017 3:06 pm

People find an edge betting on american football, accounts get limited:

https://www.technologyreview.com/s/6091 ... ookmakers/

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Dallas
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Joined: Sun Aug 09, 2015 10:57 pm
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Sun Oct 22, 2017 3:17 pm

Interesting read thanks for posting that


LinusP
Posts: 1459
Joined: Mon Jul 02, 2012 10:45 pm

Sun Oct 22, 2017 7:27 pm

Saw this on hacker news, you can see the latest opportunities here:

http://128.199.65.226

https://github.com/Lisandro79/BeatTheBookie

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Euler
Posts: 16477
Joined: Wed Nov 10, 2010 1:39 pm
Location: Bet Angel HQ
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Sun Oct 22, 2017 8:14 pm

marksmeets302 wrote:
Sun Oct 22, 2017 3:06 pm
People find an edge betting on american football, accounts get limited:

https://www.technologyreview.com/s/6091 ... ookmakers/
Somewhat amusing they would do all that work without realising it was useless if you couldn't get on.

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Euler
Posts: 16477
Joined: Wed Nov 10, 2010 1:39 pm
Location: Bet Angel HQ
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Sun Oct 22, 2017 8:15 pm

LinusP wrote:
Sun Oct 22, 2017 7:27 pm
Saw this on hacker news, you can see the latest opportunities here:

http://128.199.65.226

https://github.com/Lisandro79/BeatTheBookie
Love it and love this forum for sharing and pointing out these things.

welshboy06
Posts: 165
Joined: Wed Mar 01, 2017 2:06 pm

Sun Oct 22, 2017 8:35 pm

I used to be part of a horse racing system similar to the above. It was really quite profitable but a nightmare having to source new bookies accounts and managing your bank. It was quite amazing to see some bookies restricting after 2 or 3 bets!

I may not be making any money on the exchange yet, but one of the big things that drew me in was the lack of restrictions.

stueytrader
Posts: 368
Joined: Tue Dec 15, 2015 6:47 pm

Mon Oct 23, 2017 1:28 pm

Goes to show how it isn't finding value/edge that can be problematic in betting/trading - but instead having the possible mechanisms to maintain it all.

aperson
Posts: 120
Joined: Thu Feb 07, 2013 5:23 pm

Wed Oct 25, 2017 5:30 pm

article on this in this weeks new scientist.

stueytrader
Posts: 368
Joined: Tue Dec 15, 2015 6:47 pm

Mon Oct 30, 2017 3:21 pm

As said above, rather pointless 'science' if there isn't the chance to actually place the bets! :|

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