2021
DOI: 10.31219/osf.io/mr2v3
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Betting models using AI: A review on ANN, SVM, and Markov Chain

Abstract: In today's modern world, sports generate a great deal of data about each athlete, team, event, andseason. Many people, from spectators to bettors, find it fascinating to predict the outcomes ofsporting events.With the available data, the sports betting industry is turning to Artificial Intelligence.Working with a great deal of data and information is needed in sports betting all over the world.Artificial intelligence and machine learning are assisting in the prediction of sporting trends. The trueinfluence of … Show more

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Cited by 3 publications
(2 citation statements)
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“…The artificial neural network (ANN) is a modelling approach motivated by the human nervous system that permits learning by pattern from representative data that depicts a physical occurrence or a decision process. The ability to build actual correlations between independent and dependent variables, as well as extract delicate information and complicated knowledge from representative data sets, is a distinguishing feature of ANN (Srivastav, 2021) (Kollár, 2021a). Without making any assumptions regarding a formal representation of the events, the connections between independent and dependent variables can be established.…”
Section: Ann and Dann In Medical Diagnosismentioning
confidence: 99%
“…The artificial neural network (ANN) is a modelling approach motivated by the human nervous system that permits learning by pattern from representative data that depicts a physical occurrence or a decision process. The ability to build actual correlations between independent and dependent variables, as well as extract delicate information and complicated knowledge from representative data sets, is a distinguishing feature of ANN (Srivastav, 2021) (Kollár, 2021a). Without making any assumptions regarding a formal representation of the events, the connections between independent and dependent variables can be established.…”
Section: Ann and Dann In Medical Diagnosismentioning
confidence: 99%
“…Numerous businesses are using machine learning to analyze massive quantities of data, from calculating credit for loan applications to scanning legal contracts for errors to analyzing employee interactions with customers to detect inappropriate behavior. New tools make it easier than ever for developers to design and deploy machine-learning algorithms [2] [3] .…”
Section: Introductionmentioning
confidence: 99%