Last week was a fun one: not only...

Last week was a fun one: not only was I celebrating my promotion to Sr. Staff, but I was also introduced as the new tech lead for the Search organization! I am so excited to dig in, but since it's been all of ~2 days so far, I'll circle back to talk about Search once I know a bit more 😉

This week, I wanted to talk more about my side project, Sentitrac.

At its core, Sentitrac is all about using the wisdom of the crowd to your advantage. While the focus is primarily on providing said wisdom as a service to businesses, it's fun to show off a bit of what it can do 🎉

We recently launched the NBA Picks page, where, using this wisdom, we have been picking NBA game winners with over 63% accuracy.

While that may or may not seem like a good accuracy number, it depends on which games we pick. Are we achieving this accuracy while different from how major sportsbooks have modeled these games?

Well, with Sentitrac, the answer is yes since no other competitors use sentiment in their modeling the way we do. How do we take advantage of this picking accuracy?

Positive Expected Value (EV). You've likely heard of this term before and perhaps not understood it—I know I didn't at first. In this case, it's simple: with an accuracy of 63%, we have a positive expected value for any wager at -170 odds or better. You can ask ChatGPT to corroborate the math; it did a great job breaking this down for me 😜

The best part is you can try these picks yourself for free! You can find Sentitrac's NBA picks at https://lnkd.in/gVydD4hx. While I'm only three days into using this betting strategy, with a $10 bet on each game with -170 odds or better, I'm already up $28!

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Original post on LinkedIn