The Future of Betting and Big Data
Technology continues to improve our lives each and every day. And sometimes, these improvements happen in the most unlikely of places. For sports betting fans, the introduction of big data has been a literal game changer; even slot games at bgo are getting the big data treatment. Bookmakers and punters can now benefit from ultra-accurate data driven predictions, creating odds and placing bets with far more precision than ever before. But what exactly is this big data? And why should any sports betting player care?
What is big data?
Big data is all about the collection, storage and analysis of huge data sets. Data storage and collection is by no means a new thing. In fact, it’s been around for years. The difference with big data however is the volume of data in question. And as the name would suggest – there’s a whole lot of data.
But big data doesn’t just pertain to the volume of the data – it also concerns itself with how a business analyses and uses the information. The information in question can reveal all sorts of behaviours and habits to significantly improve the online services you access. The technology has been applied to numerous industries from healthcare to online shopping. And now: you can see the benefits at your favourite sportsbook websites.
How big data is changing sports betting
What does all this technical mumbo jumbo have to do with placing a cheeky bet on a game of footie? With big data, you can empower your betting strategies and achieve even more accurate results, ultimately resulting in more profit.
Imagine an app that can access a database with thousands upon thousands of football matches stored. The results of the matches, how many goals were scored, injuries and match bans… all of this information can be used to provide an outcome with a high probability of success. Just look at Microsoft; their AI robot Cortana managed to predict 15 out of 16 outcomes during the 2014 world cup thanks to the help of big data.
Players and the slot games aren’t the only ones benefiting from the emergence of big data. The sports betting companies themselves are now able to offer a far more tailored service, creating odds and betting opportunities with never before seen accuracy. All in all, it’s a win win for the players; they not only benefit from using big data for profit – but also to get even better service!
Sports Betting + Big Data = The Future
The concept of big data and the subsequent technologies that power it are still their early stages. And judging by the success of big data as it currently stands, the future looks very bright for players indeed. Punters will have access to even more advanced data driven tools that produce far more accurate results. Accumulators in particular will benefit from more precise outcomes; matching Cortana’s 2014 World Cup prediction efforts may be trivial in the very near future. All in all, there’s numerous possibilities with the power of data – and you should be ready to embrace it.
For the bookmakers, data is everything – so improvements to the technology will benefit any budding sportsbook business. And those benefits will trickle down to the players once again. One area which could see drastic improvements with the power of big data is in match betting opportunities. With so much data readily available, bookies could create even more targeted bets for players to pounce on. Who knows, sportsbooks could even offer the predictive tools to help players place even more informed bets. And of course, that’s alongside better offers and an overall improved playing experience.
Other Games and Big Data
Sports betting seems like the obvious platform for big data – but the same could be said for other parts of the gambling industry as well. Poker for example could be another suitable area for big data improvements. Once again, it’s easy to visualise some kind of app that analyses thousands of hands and accurately predicts the result of a hand you plan to play.
What about bingo? There could be an application that aggregates each and every single bingo room, showing you the rooms that are most likely to win based on player numbers, history and win frequency.
And despite having a somewhat random nature compared to other games, applying big data to online casinos could also see player benefits. Imagine playing slot games at bgo and being able to predict the outcome of each and every spin. If that’s not a Neo from the Matrix moment, we don’t know what is…
No matter which way you look at, big data is the future. And gambling enthusiasts will surely benefit in more ways than one; not only will they have a richer well of information to draw from – but the gambling companies will have even better tools to make their stay even more comfortable. They say the house always win – but with big data, it looks like everyone will share in the spoils!
The Last six winners of the Cheltenham Gold Cup
The month of March will bring the mega Cheltenham Festival for all the horse-racing fans. Bringing the best jockeys from all the Great Britian and Ireland, the Cheltenham Festival is the best horse racing event whose prize money is second only to the Grand National.
The Festival is the delight of all the bookmakers. A heavy sum of money is betted every year on this mega event at Prestbury Park, and this year will probably be no different. The Gold Cup race probably will see a lot of betting activity in the whole event. If you are looking to join the betting scene but are looking for safe bets you are better checking the Odds for the Cheltenham Festival brought to you by the top online bookies Odds for Cheltenham Festival.
If you are a punter and have plenty of free bets already, then it would be wiser to use them on the Gold Cup or any of the other main championship races. But if you don’t have your free bets yet, then you can choose from the top bookmakers on the Cheltenham Festival 2018- Free bets page where you will find all of the leading bookmakers. It is important to remember that the bookmakers only get recognition after being reviewed completely and then only the best bookmakers are mentioned. It is important to remember that the bookmakers only get recognition on this site after being reviewed completely and then only the best bookmakers are mentioned.
You might like the 888sport’s offer of Bet £10 Get £30, or Betfair’s offer of getting £5 bonus on placing your first bet. And for the Newbies, Betway seems to be offering the best offer with receiving a 100 percent match for making a deposit between £10 and £30. While Ladbrokes, Paddy Power and Betfred are not behind as well whose betting offers are extremely lucrative and appealing.
Let’s look at the previous six winners of the Gold Cup.
Sizing John (2017):
The British bred, Irish trained racehorse has been one of the best horses in recent times. Even the first attempt at 3m saw him winning the Irish Gold Cup in 2017. Yet it was not the only win in his superb year. He won the John Durkan Memorial Punchestown Chase while he claimed the Cheltenham Gold Cup as well that year.
While mostly ridden by Jonathon Burke, Sizing John is now ridden by Robbie Power in the recent times. And this new rider seems to fit him very well as he has won all the best races in recent times. He is also one of the favorites for the 2018 Cheltenham Gold Cup.
Don Cossack (2016):
The thoroughbred racehorse is the German bred and Irish trained horse who is retired now. Many leading jockeys like Bryan Cooper, Davy Russell, A.P. McCoy and Paul Carberry had the opportunity of riding such an amazing horse.
The 2014-15 national Hunt season saw the best of him as he won six out of the seven races, including races like the Powers Irsh Whiskey Chase, Daily Star Chase, Punchestown Chase, Melling Chase and Punchestown Gold Cup etc.
In May of 2016, he became the best National Hunt performer in Britain and Ireland after winning the same award the previous season as well. That year saw his biggest career victory by winning the 2016 Cheltenham Gold Cup.
Coneygree (2015):
The British Thoroughbred racehorse Coneygree became the first novice chaser who won the Cheltenham Gold Cup since 1974 when Captain Christy had won it. Although his career was marred by injuries after that win, yet that win was so memorable that people remembered it for a long time. That year he had won the Denman Chase as well.
Lord Windermere (2014):
The Irish Thoroughbred racehorse Lord Windermere had won the RSA Chase in 2013. The next year the biggest victory of his career came his way when he won the 2014 Cheltenham Gold Cup. It was a huge surprise when the trainer Jim Culloty managed to win again who already had won three times as a jockey on Best Mate.
Bobs Worth (2013):
The British trained Thoroughbred racehorse Bobs Worth has won many major races. In 2011, he managed to win the Albert Bartlett Novices’ Hurdle. The RSA Chase came in his career in 2012. While the biggest win of his career came in 2013 when he won the Cheltenham Gold Cup. That Gold Cup win made him the first horse to win three different Cheltenham Festival races since the amazing Flying Bolt in the 60s.
Synchronised (2012):
The British trained Thoroughbred racehorse Synchronised was an amazing long distance steeplechaser whose 2012 Cheltenham Gold Cup win was the greatest win in his career. Two races namely the Midlands Grand National and Welsh National came to him in 2010 while he also won the Lexus Chase in 2011. The 2012 saw the climax of his career when he won the Cheltenham Gold Cup. However, that year witnessed the tragic end of such an incredible horse after suffering a fatal injury in the Grand National.
6.20 Wolverhampton, Monday, January 22
In the Betway Handicap (6.20) at Wolverhampton on Monday, Flight Of Fantasy is untried on Tapeta, but her form on Polytrack bears close inspection and she looks worth chancing off an 8lb higher mark than when winning by 5 lengths, eased down, in a 0-75 contest at Kempton 17 days ago. By necessity, Harry Dunlop’s 4-year-old filly steps up into 0-85 company, but had previously only just been touched off – albeit off a handicap mark 9lb lower than today – in a 0-90 contest, also at Kempton, and is clearly going the right way. In fact, the winner that day, Al Hamdany, was only beaten a neck, off a 3lb higher mark, in a 0-105 contest over this course and distance on his next start, so the form looks strong. The daughter of Nathaniel is entitled to improve for her latest Kempton run, her first since early November, and looks to have an outstanding chance if taking to the surface. She’s better on the all-weather than elsewhere and was considered a possible for an Oaks trial early last season.
Selection: Wolverhampton 6.20 Flight Of Fantasy to win
Sir Michael Stoute: Hanging in There
For readers of a certain age, the name of Sir Michael Stoute will always be synonymous with that of Shergar, whose wonderful, record-breaking display in the Derby in 1981 – under “The Choirboy”, as the late Walter Swinburn was known in his heyday – is an indelible memory. However, 36 years later Sir Michael, who was knighted in 1998 for services to tourism in Barbados, where he was born, is still at the top of his profession.
Although overshadowed in recent years by the likes of Aidan O’Brien and John Gosden, it’s worth remembering that Sir Michael Stoute won the Flat trainers’ championship ten times between 1981 and 2009. Sir Michael was resurgent in 2017, too, winning more prize money in Britain than ever before – a total in excess of £3,855,000 – to finish fourth in the Flat trainers’ championship.
The veteran trainer, who turned 72 in October, had his share of heartache, with Ballet Concerto collapsing and dying on the gallops and Expert Eye, odds-on to provide his first Group One two-year-old winner for many a year, going lame in the Dewhurst Stakes. However, the now-retired Ulysses flew the flag for the yard, winning the Coral-Eclipse and the Juddmonte International before finishing an honourable third behind Enable in the Prix de l’Arc de Triomphe, and there were plenty of other success stories, too. Sir Michael seems likely to ‘stay respectable’, as he put it, for a while longer just yet.