Quote Ferocious Aardvark="Ferocious Aardvark"Algorithms? I thought bookies used highly paid odds compilers, to make a book, on the fly?
What's this Sky Predictor? If somebody invented a system that could go through a 12 race card at a greyhound meet, I'd be pretty sure it'd be owned by a guy in a gold plated yacht moored off Barbados.'"
Depends on the sport. Horses, yes, big influence from odds compilers but still a huge reliance on data or else Timeform wouldn't be in business. Sports are largely algorithms, no matter what people on this thread say (I deemed your response the most intelligent and reasonable to respond to). The people who implement them are highly paid too. Look around for a job as an Odds Compiler and you will struggle. You'll see plenty of jobs as a trader, which is competely different.
My example regarding the Predictor was obviously a one off and the predictor is largely for novelty purposes but it shows how a feature can actually be interesting and respected.
Bookies were 24 points or so on the handicap and had it spot on near enough. And this was nothing to do with this evenings "odds compilers" opinion on tonights match.