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Like poker, sports betting is a skill game. This is the case at odds and it is especially the case at The majority of civilized countries consider betting a natural element of society. It is a legitimate recreational activity, and point spreads for NFL games are carried in every major newspaper and sports website in the country.
Lotteries abound in the U. It boggles the mind. It used to be that place X and this varied sometimes, but was often BetCris would open a line at medium limits in the morning US time, and then all the other books would copy while being open for fairly large limits, and the line would rapidly get shaped as everyone plunged in. As Bob notes, this makes for much sharper lines, and takes away some of the edge the biggest sharps and betting syndicates have. I enjoyed the hour, since the topic is always going to be exciting and there were some strong personalities on stage.
This panel would be really different if they had a Pinny guy there, since Pinnaclesports. Whether they could GET any Pinny guys to show up would be another question entirely. Thanks for posting the link on Twitter, and this blog just gives even more information for me to digest.
That was fascinating viewing. The atmosphere between Voulgaris and the Cantor guy was uncomfortable to say the least! Is there a lot of history between those two? It seems the randomness in NFL is very similar for soccer, when it comes to sports betting anyway. The fluidity, lack of goals, interpretation of the rules vs. Is that because bookies input a lot of shot data into their models? Pinnacle is basically the biggest bookie for U.
You are commenting using your WordPress. You are commenting using your Google account. You are commenting using your Twitter account. You are commenting using your Facebook account. Notify me of new comments via email. Notify me of new posts via email. Maybe if they ran a similar panel in Europe or Asia…. Share this: Facebook Twitter Reddit Email. Like this: Like Loading Images for download on the MIT News office website are made available to non-commercial entities, press and the general public under a Creative Commons Attribution Non-Commercial No Derivatives license.
You may not alter the images provided, other than to crop them to size. A credit line must be used when reproducing images; if one is not provided below, credit the images to "MIT. Previous image Next image. Curry is also playing the percentages. After all, Curry is making 46 percent of his three-pointers this season, the equivalent of shooting 69 percent from two-point range. And the Warriors, the best team in the NBA, are making a league-leading But no NBA team is making more than 53 percent of its two-point shots this year.
Now the game of basketball, embracing three-point shooting like never before, has caught up with its theorists. The 10th annual SSAC, held this year on March at the Boston Convention and Exhibition Center, drew 3, attendees from 32 countries, most of whom love using numbers to question conventional sports wisdom. One way to look at sports analytics is as a series of battles over the right way to understand sports.
You might call these the games within the games, and they were fully on display at SSAC in Sports analytics thrives in part because of the ethos that sports are best understood from the outside. Much of the groundbreaking work in sports analytics has come from avid fans not beholden to tradition. After all, old-school baseball people have never resisted analytics quietly. But James, who faced decades of resistance to his ideas, observed how anomalous such rants now seem.
The outsiders have become insiders. But when a team performs this poorly, should you trust your analytical process or question it? That question was the subject of some colorful remarks at SSAC this year by Jeff Van Gundy, the high-profile former NBA coach and now announcer, who coached the Rockets for a few years under Morey and has used analytics on the job. That can sound like anathema to analytics people — but if a supposedly analytical approach is not working, Van Gundy insisted, then the results should be used to provide feedback about that process.
The truly analytical mindset, he implied, is to keep questioning your ideas. Bill James, among others, used to make his models freely available to readers. Contemporary analysts are less apt to do so, and baseball has since become littered with proprietary numbers like the controversial Wins Above Replacement WAR. So debate continues in sports analytics about whether open access helps the state of knowledge, or whether secrecy is more beneficial.
This year at SSAC, one prominent analytics guru offered yet another viewpoint, when asked if data should be more freely open. Take Expected Goals, a now-popular metric that estimates how many goals a soccer team would normally score, given the quantity and quality of their shots. Such relatively simple shot-based metrics seem to have solid predictive value about team performance over the remainder of a given season. Bottom line: As desirable as loads of open data may be, there are still opportunities to do more with less.
Researchers presented the top eight papers before large crowds. The paper presented an automated method for analyzing the ways basketball teams defend ball screens. The research paper competition also featured a popular vote by attendees on the best remaining paper. He does. Sports gambling attracts analytical-minded sports fans and is itself an area of research. Consider the current vogue for daily fantasy sports, now tied up in courtrooms where judges are assessing the question of whether such activities are games of skill or luck.
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View All RSS. Sunshine State Athletic Conference. Page Search. The MIT Sloan Sports Analytics Conference SSAC is an annual event that provides a forum for industry professionals executives and leading researchers and students to discuss the increasing role of analytics in the sports industry. The conference is held in the Boston area and while its location has moved from the MIT campus to higher capacity convention centers, it has always occurred during February or March.
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