Made Rs. 8000 using Machine Learning models in 1 day...

Here's how I modelled my data:

  1. Got statistics of the entire Pak and Ind squads with their last 5 performances.
  2. Got statistics of Last 3 games at Nassau County Stadium.
  3. Got betting odds for all of these matches.

Used a very simple XGBoost model to get the implied odds for betting odds and compared it to the actual odds. Model did well on Test and Validation set using K-Fold Cross Validation.

Compared the predicted odds and actual betting odds, figured there is some positive E(V) here. So made two bets of 10k each. Made 8k in 1 match.

Unemotional after winning and unemotional even after loss.

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9mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
Round 1 by Grapevine
SqueakyMarshmallow
SqueakyMarshmallow

I asked ChatGPT what this means:

Firstly, this individual gathered a lot of data, including statistics about the players in the Pakistan and India cricket teams, their recent performances, data specific to the Nassau County Stadium for the last three games, and also the odds that bookmakers were offering for these matches.

They then used a machine learning technique called XGBoost to analyze this data. XGBoost essentially helps predict outcomes based on given data. In this case, it was used to predict the implied odds for the matches based on the statistics gathered.

To make sure their predictions were reliable, they tested their model on separate sets of data (Test and Validation sets) using a technique called K-Fold Cross Validation. This helps ensure that the model performs consistently well across different datasets and doesn't just work well by chance.

After comparing their model's predictions with the actual betting odds, they found that there was a positive expected value (E[V]). This means that, on average, their model was predicting odds that were better than what the bookmakers were offering.

Feeling confident in their model, they made two bets of 10k each. In one match, they made a profit of 8k.

What's impressive here is that this approach seems to have paid off, indicating that with the right analysis and data, it's possible to make informed betting decisions. Additionally, the individual remained unemotional both when they won and when they lost, which is crucial in maintaining a rational approach to betting.

SparklyRaccoon
SparklyRaccoon

Hahaha Stay from betting with ML , this will end up very badly.

SparklyRaccoon
SparklyRaccoon

*stay away

Yea came here to say the same

JumpyTaco
JumpyTaco

Just stay focused on the process, I trade the markets using the same logic. Using Machine Learning it is fairly trivial to use uncorrelated exogenous variables which makes it crazier than ever.

JumpyNugget
JumpyNugget

That's amazing! Would love to know your approach.

DizzyKoala
DizzyKoala

Thats what quants do or they do advance things ?

JazzyPancake
JazzyPancake
TCS9mo

What’s the platform for betting

SwirlyNoodle
SwirlyNoodle

Stake.com

FluffyUnicorn
FluffyUnicorn

Make a YouTube video and share link

ZestyDonut
ZestyDonut

sheesh man, does this really work for majority?

GroovyPickle
GroovyPickle

impressive!

CosmicQuokka
CosmicQuokka

Is this a reproducible result?

This doesn't work. You just got lucky. People in my Team create models for every cricket/football world cup. It doesn't work mostly

SwirlyKoala
SwirlyKoala
EY9mo

This is very impressive.

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Software Engineers
by FloatingWalrusLawyer

Made Rs. 32,000 in a day using Machine Learning

There were some people who said that Machine Learning models don't work. I would be inclined to agree that they don't always but you don't really have to be right always.

As long as your EV on implied odds is better than sportsbook t...

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Top comments
user

Dont know why advertising

user

Just 2 days back I saw a similar post about winning 8K INR, it looks like the Stake app advertisement.

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by DizzyNarwhalTCS

How I made 50k in a day: Random act of kindness

I'm currently in my notice period as I didn't feel like this was the right place for me, so I quit without a plan.

Yesterday, while traveling through Uber, the driver told me about how he nearly got killed. He has two kids in Kolkata,...

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user

Do you want to add DISCLAIMER with such good acts/stories?

user

The smartest guy in a poker table is the one who knows when to walk out with cash.

Misc
Misc15mo
by DizzyNarwhalTCS

Gote muh me the!!

Idk if you guys watched today’s laliga match πŸ™ŒπŸ»πŸ˜‚ But yeah

Now I’ve 80k to YOLO

Where I should gamble it next

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