Betting 360 - Betting From All Angles
About This Show
Betting 360 is here to help all you punters out there get in-depth information from sports betting and horse racing experts. We've got analysts in the field crunching the numbers and an expert interview every week to give you that betting edge. Whether you're in to racing or sports betting, we've got you covered so tune in, sit back and prepare to place your bets with a little more confidence.
Most Recent Episode
Betting 360 Ep 112: Sports Analytics with DecTech
Decision Technology has built a range of proprietary models for football (soccer) prediction and player analysis.
Dr Paul Jackson is a Project Manager with DecTech and he's on the podcast to talk about his journey from being the son of a bookie, to a PHD in High Energy Physics and finally his career in sports analytics including soccer predictions and betting.
How DecTech were deep into analytics well before the Moneyball phenomenon
Why the model's inputs are not over-complicated
Rating players across different competitions
How they help high net worth clients with their own trading
Why they are looking to expand to t20 cricket, snooker and rugby
G'day Paul, thanks for joining us.
We are betting from all angles but you're certainly the first person I've had on that has a PHD in high energy physics.
There's actually quite a few physicists in the statistical community at the moment it feels like.
There's a crossover there, is there?
You did the PHD and then ended up in financial services, just tell the listeners a little bit about your background.
Yeah, sure. Funnily enough actually back when I was a kid my dad was a bookmaker, so it's quite ironic to be on the other side, especially as he taught me that in the long run it's the bookie who always wins.
I did a degree in Physics and then took that on to a PHD in High Energy Physics, and then decided it was time to go into the real world, unfortunately, so I worked for a company called SunGard who are a financial services company. A lot of my friends were quite surprised at the jump from physics to finance, but there's the use of these transferable skills ... So modelling and statistical analysis and developing code. High Energy Physics is probably 90% about writing good code rather than physics.
Then after doing that for a few years, I decided that I wanted a better work / life balance, and so was looking around for an interesting challenge, and found DecTech. The plan was to go and work at DecTech and retrain as a behavioural scientist, but I very quickly managed to get transferred onto the sports analytics team. I've been with DecTech for five years now.
So you transferred to sports analytics, was that all part of your grand plan?
Not initially, I mean I was certainly fascinated to see that D