DATA ANALYSIS IN SPORTS BETTING.

[Bitco55]

Sports betting has become really analytical. With available statistics, player performance models, AI prediction, real time data etc, bettors can make better decisions than ever. However, luck still plays a huge role as the nature of sports is really unpredictable. Unpredictable conditions can ruin the most well researched predictions. So, although data analysis gives you and edge, luck still decided the outcomes.

[Oshosondy]

You will depend just on the odds the betting site is giving you, the betting site use the odds that they set to make enough money from people that are betting. If you are lucky to win money from a betting site, you are very lucky. Even some matches that you will have 100% confidence that will favour you may not favour you.

[yahoo62278]

Sports betting has become really analytical. With available statistics, player performance models, AI prediction, real time data etc, bettors can make better decisions than ever. However, luck still plays a huge role as the nature of sports is really unpredictable. Unpredictable conditions can ruin the most well researched predictions. So, although data analysis gives you and edge, luck still decided the outcomes.

Funny you mention AI because this post looks written by AI. Not sure the community is accepting AI written posts as normal at this time. Might wanna rethink your strategy here. You should also use the correct boards if you're going to start threads here.

As far as sportsbetting goes, yes that's all true, with all the tools available people are able to make better decisions. The thing is there is still the human factorand anything can happen in a game so you can have all the data in the world and still be wrong.

[Porfirii]

If such available data, statistics, AI, models etc. really had a real and considerable effect in the bettors' results I don't think they would be so easily accessible and free to everyone, but they would be a well-kept secret and within the reach of a few. No data can predict the many variables in sports (meteorological, psychological, psychomotor coordination factors, and just pure chaos) and even if they could to some extent, casinos would simply adjust the odds.

[Cryptoprincess101]

Sports betting has become really analytical. With available statistics, player performance models, AI prediction, real time data etc, bettors can make better decisions than ever. However, luck still plays a huge role as the nature of sports is really unpredictable. Unpredictable conditions can ruin the most well researched predictions. So, although data analysis gives you and edge, luck still decided the outcomes.

Luck plays a vital role is gambling as a whole, not only in sports betting. Of course, sports betting works with analysis of past and present data which is why a prediction may not be plausible without checking the statistics of sports events. It will give you an edge towards an accurate prediction despite that it is not what guarantees winning from gambling. Above all, gambling is a game of luck because you may check all the necessary statistics and still not win which implies that you are not lucky enough

[cxtreenal]

Sports betting has become really analytical. With available statistics, player performance models, AI prediction, real time data etc, bettors can make better decisions than ever. However, luck still plays a huge role as the nature of sports is really unpredictable. Unpredictable conditions can ruin the most well researched predictions. So, although data analysis gives you and edge, luck still decided the outcomes.

Of course. As information technology expands, gamblers are turning to AI for predictions rather than analyzing data about teams. This is a lazy process and does not increase the amount of winnings, but rather prevents you from becoming experienced. Your hard-earned analysis may not yield good results most of the time, which is why you may want to take advantage of this technology. In gambling, where skill determines the outcome of gambling, you are putting yourself in a position where luck is the only factor in every bet. Unexpected results are an expected thing in gambling.

[YOSHIE]

So, although data analysis gives you and edge, luck still decided the outcomes.

I have been doing various ways of gambling for a long time, especially in sports betting. Overall, what you say is yes, I do not deny that this is the fact that happens in the world of sports betting.

Sometimes, we understand that all the results of the analysis and predictions we make do not match expectations in the field, sometimes they can be accurate and sometimes they can be wrong, Luck tests can be said to be something that is required in sports betting, but analysis and predictions are not bad in sports betting.

[Shinpako09]

Those data don't guarantee anything simply because sports betting is gambling. In gambling, there's no such thing as a certain outcome. You can use skills, but don't expect too much, even the one you think is a sure win doesn’t actually win, because there is no sure win in gambling. There are no guaranteed results. Even in skill based games, including sports betting, in the end it all depends on luck. If the results mostly depended on analysis, or at least more than 50% of it, a lot of people would have made money from sports betting.

[Apocollapse]

Before you want to use AI to take advantage over information given by the sportsbook, the sportsbook already use AI to prevent from anyone to take advantage over their published information.

Although luck can affect the whole result, but if someone lose more than win even though they already make analysis in every match, they can't use luck as the excuse why they lose more than win.

It's simply they're not a skilled person.