Machine Learning in Bookmaking – FansUnite – Medium

Let's talk about machine learning in bookmaking for a minute. #fansunitetoken

  • Smart bettors quickly take advantage and the bookmaker shifts the line to equivalate betting volume on either side of a matchup.Similarly, high variance in opinion when the data between two teams is very similar can often lead to poor lines.
  • By polling the crowd with low limits to start, Pinnacle can often limit exposure on early lines and avoid getting picked off on markets by sharp bettors.This novel method of polling the crowd drives lines globally, and it’s no surprise that the default action for almost every sportsbook is to…
  • To produce lines we will use an ensemble of best in class Deep Learning networks, alongside other more common approaches to shape a line up to 24 hours before current markets take shape.At Fansunite.io, the world’s preeminent social token betting platform, we have been actively shaping our risk management strategy…
  • We offer an industry leading 1% margin and will maintain a winners welcome philosophy.The Value to the Betting CustomerOur automated machine approach to setting lines offers the following core value to our customers.Savings we can pass on to our bettors.
  • By using Machine Learning, we can offer real time In-Play betting markets to our amazing customers.Stable Currency: Solid lines offer big rewards to currency and token holders by ensuring that the coin base is not drained by sophisticated traders and demand remains strong for our low margin lines.

Machine Learning is becoming a standard tool of the sports betting industry. At fansunite.io we are keenly aware of this technology and actively incorporating it into our risk management strategy…
Continue reading “Machine Learning in Bookmaking – FansUnite – Medium”