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> If Nate or anyone could program a statistically accurate sports predictor model there would be huge potential in this as far as sports betting goes.

Absolutely.

> The guys that make millions in large part use their own software.

I was fascinated reading about Bob Haralabos' incredible tracking of basketball games: http://espn.go.com/blog/truehoop/post/_/id/4974/following-up...

> I used a simple piece of hardware last year for college football season that was suprisingly accurate. I weighted my own opinion most heavily but would use the software to confirm my picks. If both ways checked out, I would place a bet.

Care to elaborate (without giving away your secret sauce?) I love reading about this stuff.

I try to approach soccer betting in a similar fashion (it's trickier than US sports in some ways, as soccer doesn't lend itself to stats as easily as say baseball and American football). See a comment of mine on reddit here, with tons of resources:

http://www.reddit.com/r/SoccerBetting/comments/15dcao/what_v...



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