There are a ton of papers on sports analytics. The public stuff isn't cutting-edge, most of the results about profitability are totally bogus but you will quickly understand what people at the cutting edge are likely doing. The great thing is though: you can start with a few thousand and bet in small markets, you don't need to do anything sophisticated there.
The big syndicates also aren't that secretive anymore. The founders and employees have got too rich (some are billionaires), and they have had to build a profile to hire (if you attended an elite uni in the UK, they recruit there...the largest syndicate in the UK has hundreds of programmers now).
And Bill has been talking about this for years. I don't understand why but he was publishing papers and giving talks in the 1990s. The impression I get is that he wants other people to know he is smart, and already has more money than he needs (this was true even in the 1990s).
Something that most people here won't get though: the models don't matter. The largest syndicates hire clever people but the real money is made in finding liquidity and people to take the other side. The big UK syndicates got large because they worked with bookies in Asia (the largest syndicate is run by someone who ran an Asian book) who needed people to take risk.
The big syndicates also aren't that secretive anymore. The founders and employees have got too rich (some are billionaires), and they have had to build a profile to hire (if you attended an elite uni in the UK, they recruit there...the largest syndicate in the UK has hundreds of programmers now).
And Bill has been talking about this for years. I don't understand why but he was publishing papers and giving talks in the 1990s. The impression I get is that he wants other people to know he is smart, and already has more money than he needs (this was true even in the 1990s).
Something that most people here won't get though: the models don't matter. The largest syndicates hire clever people but the real money is made in finding liquidity and people to take the other side. The big UK syndicates got large because they worked with bookies in Asia (the largest syndicate is run by someone who ran an Asian book) who needed people to take risk.