Not all sports data is relevant, and if you’re just starting out, you should stick to one sport that you understand well. The first part of using data analytics to predict sports outcomes and place good bets is to pick the type of data you want to collect. Here’s how you can place better bets with sports betting data analytics. But you also want to have information on betting odds and the betting market itself, so that you can make good decisions about when to place bets. By analyzing this data, you can gain a better understanding of the sport and make more accurate predictions.įor example, you can use data on player performance to figure out who on the team is more likely to score the most points, and you can use that to place a good prop bet. In sports betting, data analytics can provide valuable insights into a wide range of aspects, including player and team performance, betting odds, and market trends.

Specifically, it’s the kind of math that helps you make smarter bets. Spoiler alert: sports betting data analytics is math. But if you’re new to the world of sports betting, or want to up your game and start seriously winning your sports bets, it pays to know more about how you can use a knowledge of statistics and sports data to improve your chances. This is something that traditional markets cannot provide.If you’re serious about sports betting, then you probably already know just how important using data and analytics is to place better bets. Volume gives us an opportunity to turn a small initial capital investment into a large yielding investment. The reality is that we can generate 3-5% per dollar, say $32,000, which is a 320% ROI. Equivalently, we only have to produce a 0.21% return per dollar invested to generate the same $1,700 profit the S&P 500 did. At a 2% unit and 4,000 picks a year, you have turned over your bankroll 80 times, investing $800,000.

Volume and short-term expirations provide the opportunity to turn over your bankroll effectively, investing far more than the initial capital required to enter the market. At SBIA, we use data points, artificial intelligence, and machine learning methods to improve our strategy. While we provide a diversification effect similar to the S&P 500, our advantage here is that a traditional investment will take your $10,000 and provide an annual 17% return, leaving you with $11,700. The second benefit for a large volume of plays is bankroll turnover.

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