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Sports Betting Transformation

March

14
Sports Betting Transformation

Gambling is being transformed by data tools, real-time wagering, fund managers and risk analysis. Beyond the robust brackets, there’s an entire cottage industry of sports betting that’s increasingly resembling Wall Street. In 2016, total sports wagers in Nevada were $4.5 billion, according to the Nevada Gaming Control Board. With that much at stake, gamblers are turning to more sophisticated tools that involve complex data analysis to achieve better odds, real-time wagering during games, fund managers who pool bets and risk management practices. The result is something akin to day trading. Gamblers can find a plethora of sources online guiding them […]

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