From 100 to 3057 (Euro)
We had a dream and 84 days of Winter
The power of math, AI and analysis of odds provided by 7 popular bookmakers.
What we did
At 5th of December 2022 we launched series of automated betting.
Every morning our algorithm takes the same games and the same odds we use when publishing daily predictions, selects part of those games and calculates optimal amount of money, according to risk-profit ratio.
For the betting we use solely the money we have on current betting balance - initial fortune of 100 Euro plus all subsequent wins (and losses).
The bets as well as their history, are freely available at our website, for example today’s ones: https://beta5.ai/bets/2023-02-28/bet
We do paper betting here: we bet virtually, assuming we are able to bet exactly the calculated wager at exactly provided odds.
Yet the odds are real: we receive them from API-Football every morning, make cleanup, and from whole set of bookmakers we select only 7 popular: Bwin, Unibet, William Hill, Bet365, Pinnacle, Marathonbet and 1xBet; so that assuming we had an account at each of those systems, the betting should be possible.
Our success story was not flawless:
We started from 100 virtual Euro at 5th of December
At 20th of December our balance went down to 46 Euro
Around New Year’s eve we applied new model and already at 4th of January we returned back to 104 Euro, and doubled the initial balance by 13th of January
Around a month after that we breached psychological level of 1000 Euro, and since then we multiplied it to the current level of 3057 Euro, thus demonstrating exponential growth in general
Our technology
Background of our win consists of:
Data - we carefully collect row data explicitly and implicitly coming from different sources, converting it into meaningful and consolidated dataset
Model - recently we adjusted our comprehension of what AI learning algorithms must pursue, sufficiently increasing overall performance of algorithms
Algorithm - having whole picture of odds and probabilities, we are able to select the best bets and assign them betting wagers, combining Kelly mathematics of maximum profit with our proprietary calculation of risk
Conversion
Our current tough challenge is to convert our obvious betting potential into wins on each and every platform we bet on. These months we made few experiments, proved their assumptions were wrong, which is reflected on the results; however soon or late we will make it, too!
All betting platforms support just a part of those 7 bookmakers, not all wagers are fully available, there we see just a part of the whole odds picture, time between taking odds and manually going to a betting platform is long enough for disrupting initial calculations - these and some other technical problems appeared to be not so easy to overcome.
Yet our approaches must work:
Every day we are improving our AI model - this increases overall performance, including that on the betting platform
We will be updating an odds picture much more often, even though it requires integrations with more APIs
We are adding probability calculations right into our Betting Studio, enabling its flexible reaction on dynamic changes in the odds
These and some other ways will work out one day, while you are already free to follow the bets we make for your own good!
Stay well, stay healthy, stay with us!