Sometimes, it feels like I'm starting Sentitrac too...

February 25th, 2024

Sometimes, it feels like I'm starting Sentitrac too...

Sometimes, it feels like I'm starting Sentitrac too late, but other times, I see the momentum building both in my business and the market more generally and realize it's still so early!" "" "The sports market is changing quickly, and the start of 2024 has shown no signs of deceleration. Just last week, Apple launched their new Sports app on the iOS app store, which I've seen in my feed constantly since day 1. It's not being received so well yet on the App Store, with a 3.0 current rating!" "" "Just a week or two before that, Disney, FOX, and Warner Bros Discovery announced a major new streaming service to re-bundle their sports rights. In the era of cable dying and everything moving to streaming, sports are in a particularly tricky position given how much the cable bundle subsidized their rights fees. It will be very interesting to see the NBA's new TV rights deal, which should happen in the next year or two. " "" "Two weeks ago, we also had the Super Bowl, in which over 68 million people placed bets totaling $23.1 BILLION. Inside Sentitrac, momentum's also growing, and I'm excited to share that in the next few weeks, we'll launch a new product: Sentitrac NBA Moneyline Picks." "" "We've been backtesting our new pick-selecting algorithm that uses our sentiment grades, and so far, we've reached ~65% accuracy in our picks. With such a simple algorithm, there's likely a lot more we can squeeze out, which all Sentitrac users will benefit from!" "" "So, with all that said, while I do sometimes wonder if I waited too long to start Sentitrac, with the momentum we're building, it feels like the timing has been just right 🙂🎉


Original post on LinkedIn