AI Use Case
Determine bookmaking odds for sports and other events
Sports betting is a hugely growing area, where increased data volumes on individual, team performance and market statistics means machine learning can build betting odds for bookmakers - and also for bettors to attempt to game the odds offered. Some areas - reading human emotions mid-game for example - remain harder to access reliably. This creates the opportunity to offer more targeted products (for example: chances of a given player scoring in the next x minutes).
Function
Benefits
Revenue - Pricing optimisation,Revenue - New product,Revenue - Improve trading decisions (eg market demand estimates)
Case Studies
Stratagem~Stratagem achieves steady returns using deep neural networks to identify betting opportunities on sports fixtures
Potential Vendors
Industry
Consumer Goods And Services
Entertainment And Sports
Data Sets
Structured / Semi-structured
AI Technologies
Traditional AI,Product Type - NLP - Text Entity Extraction,Product Type - Natural Language Processing (NLP),Audio - Sentiment Analysis,Product Type - Vision - Object detection,Product Type - Vision - Object tracking,Product - Eye Tracking,ML Task - Prediction - Annotation,ML Task - Prediction - Regression,ML Task - Prediction - Data Translation/Transformation,ML Task - Prediction - Binary Classification