A Modern Love Story: Machine Learning and the Global Sports Betting Industry

Abstract

Developments in Artificial Intelligence, particularly those within the subfield of Machine Learning, are revolutionizing virtually every industry on the planet. The global sports betting industry, especially with the United States’ repeal of PASPA in 2018, is ripe for disruption. Exponential increases in the ability to collect, distribute, and analyze sports data have led to an influx of top engineers entering the space. This presentation will focus on some of the principal ways in which Machine Learning is revolutionizing the industry, ranging from oddsmaking and risk management to fraud detection and responsible gaming implementations. It will also offer a guide to the economics of the business side of the industry and discuss relevant current topics in the tech space, such as adversarial machine learning.

Presenters

Lloyd Danzig

Details

Presentation Type

Paper Presentation in a Themed Session

Theme

2019 Special Focus - Sports Media Vectors: Digitization, Expanding Audiences, and the Globalization of Live Sport

KEYWORDS

Machine Learning, Artificial Intelligence, Analytics, Data Science, Data Mining

Digital Media

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