How Does Machine Learning Work In Sports Bets?īefore delving into the topic, we need to define what machine learning is. Also, how OddsMatrix, the leading sports data provider, uses machine learning and complex algorithms to help bookies scale their business.
In a business sector so reliant on raw data and numbers, it comes as no surprise that sports betting providers have been quick to jump on the machine learning bandwagon.īut what does machine learning in sports betting actually entail, and how can bookies tap into this technology to streamline their operations? That’s the topic we’ll tackle in today’s article – the hows, whys, and where’s of machine learning. One of the industries where machine learning has seen a tremendous adoption rate is sports betting.
Over the last few years, artificial intelligence and machine learning have made the rounds in the public discourse as disruptive, game-changing technologies.