AnalyticBridge

A Data Science Central Community

Best way to leverage a sports prediction model?

I've been working on a model to predict the outcome of certain sporting events. It started as a for-fun side project which I didn't really expect to succeed - but over the last 6 months the model has performed surprisingly well. Now I'm wondering what to do with it. So far all I've come up with is:

Start making bets (I have a bit of an ethical qualm with this one)
Start making bets and donate profits to charity (maybe Gamblers Anonymous for an ironic flair)
Publish it in an academic journal as evidence of betting market inefficiencies, etc.
Publicize the predictions and watch the effect on gamblers' decisions, as a sort of social experiment

Do you have any more creative (or more profitable) ideas?

Thanks!

0 members like this

▶ Reply to This

Replies to This Discussion

Permalink Reply by Abhishek Prasad on August 6, 2014 at 3:28am

Hey, can u share the details of the model as to which sport doest it predict. What kind of predictive techniques have u used (regression or something else)?

I guess the model can be used for academic purposes. I too was working on something on these lines.

Not to mention, u can make good money out of this .. ;) :)