When you follow my twitter account, you may have noticed, since several month I started also writing blogs and articles for other platforms. Even so these are most of the time not about sports betting, I thought it would be a good idea, to share them also via my blog and also share some thoughts about the topics as the main message is often the same: Get the most out of your data!
In the 3rd part of this series, I take a look at the – from my point of view – most important part about my market value data journey: Does the team market value holds some predictive power? If so, I could use it as another feature for my predictive models.
In the last post I described, how I collected the market value data as the first step of my journey. The second step is – in my opinion – one of the most important ones. Get to know your data! Of course many predictive methods can be used as a black box. But that’s something I would not suggest. At least you should understand how your values are distributed. And it’s even better, when you build some kind of domain knowledge. To know your data offers you the possibility to shorten the training process of you predictive models. And visualizations always help to better understand your data. Continue reading “A data journey – market values (part 2)”
When a rich club in Germany goes through a bad performance phase or loses an important match, we like to use the phrase “Geld schießt eben keine Tore”. What means more or less, that big money doesn’t ensure goals. But the overall acceptance is of course, that richer clubs are expected to win more often as they got the money to buy the best players. This inspired me to start a data journey about market values in the big 5 European leagues: What do the market values tell about the development in the different leagues? How do teams perform in relation to the money they spent? Does the market value of a team has a predictive significance?
This time, after over 20 matchdays in the German Bundesliga, I don’t want to take a look at the predicted results. I used my Team Strength MLP now for about 6 months. During this time I analysed the predictions and tried to learn some more stuff about deep learning. So let’s summarize some lessons I have already learned and what could be improved for my model for the next season.
The hardest part of sports analytics is getting data! Not for nothing there are companies, which earn their money just with sports data. But if you are not able or do not want to pay such amounts of money, you got just one possibility: scraping the data from the Web. In an older post, I described a R web scraper. As this one was no longer working, I needed a new one. What brings us to this post. This time I will describe, how to create a web scrapper for static HTML sites with Python and how you are able to implement such a web scrapper as a User Defined Function (UDF) in Exasol.
There is one big reason, why I have chosen Exasol as a database for my football analytics and predictions: Exasol is capable of executing Python and R code inside the database. Your are able to put your statistical calculations and predictive models to your data. The feature User Defined Functions (UDFs) provides the possibility to implement every logic which you normally code in Python or R. This is a really efficient way to extent plain SQL with some predictive functionality like the execution of TensorFlow models.
In this blog post I will explain, how you extend the Exasol community edition with all needed Python3 packages to execute Tensorflow models. Additionally with the latest update I also added the packages and description needed for all my web scrapping scripts.
The 2018/19 season in the Premier League started entirely normal. After a record-breaking season Manchester City was of course favoured to win again the title with Liverpool just having an option as the runner-up. But things changed in December and, according to both coaches, we can expect the match between “the best team in the world” and “the best team in the world”.
So which match could be more usefull to take a look at the MACD analysis for both teams and get a better feeling how this type of analysis can be used to identify the performance trend of a team.
With beginning of the new season in the Bundesliga I started to use my new predictive model “Team Strength MLP“. This model is no longer a statistical model like the Poisson model from last season. It is trained neural network. After the first 10 matchdays it is time to check the current result of my betting history.
I regular listen the Business of Betting Podcast, when driving to work. There I stumbled over a episode, where a experiment with a 60/40 coin was discussed. People were provided a modified coin, which shows head with a probability of 60%. Knowing this fact they should choose a stake, which they think maximizes their profit, and flip the coin 100 times. The result of this experiment was really surprising: Despite a positive edge many people gone busted. But why did this happen?