How big data is changing sports betting
Warren Buffett is taking March Madness gambling to the next level. The prolific investor is part of a team offering a US$1-billion prize to anyone with the perfect NCAA bracket. The contest is largely considered a statistical suicide mission but maybe not for long. Big data, massive sets of statistics about teams and players, is making it easier for gamblers...
Warren Buffett is taking March Madness gambling to the next level. The prolific investor is part of a team offering a US$1-billion prize to anyone with the perfect NCAA bracket. The contest is largely considered a statistical suicide mission but maybe not for long. Big data, massive sets of statistics about teams and players, is making it easier for gamblers to predict outcomes. For more, Brent spoke to Paul Bessire, creator of the sports betting software "The Predictalator."