Today the business of bookmaker’s offices that accept bets on sports thrives. Most fans use this way to experience more thrills while following the sports they like. And some betting enthusiasts wish to get an additional source of income. Sports analysts make sports predictions on the outcomes of games and sell this product to customers who want to place bets at bookmakers.
An analyst is an expert who understands the strategy of sports betting at a professional level, has information about the advantages and disadvantages of betting companies. Often such experts focus on a particular sport. When it comes to predictions, analysts take into account the strongest and weakest aspects of teams and athletes, in particular, their physical fitness and potential, past achievements, and even some details of personal life.
So what is it like to be a sports analyst?
No one is born as an analyst. Becoming an expert in sports analytics requires a lot of meticulous work, effort, and self-improvement over many years. The difficult path from a beginner to a professional can take an average of five to six years, but it still depends on a person’s ability to analyze, desire to move in this direction, and, of course, free time and motivation.
Analysts should have good mathematical skills, especially in probability theory and statistics. The main activities take place next to a computer screen, so a good knowledge of special software that can process huge arrays of statistical data is a must.
Also, analysts should know and be familiar with their priority sports disciplines, as well as the current situation in them. Such knowledge should be kept up-to-date; it is recommended to carry out a thorough analysis and make appropriate conclusions from the mistakes made. It would be a great advantage if analysts have their own programs for analyzing sporting events. Additionally, certain qualities are mandatory for analysts:
- Knowledge – they should have inexhaustible knowledge of a particular sport, and constantly follow the latest news of all sporting events.
- Common sense and cold calculation – it is important to switch off the emotions for a quality prediction result. There should not be a favorite among the teams in the chosen sports niche because worrying about its successful performance greatly affects the final result of the prediction. Attention to sports should not be combined with excitement, but only with analysis and the ability to look at circumstances cold-bloodedly. The analyst has no favorite teams, but only analytical thinking and knowledge of the situation.
- A special feeling for numbers – the avid analyst likes and knows how to operate with numbers. While performing analytical work, a lot of information should be processed every day. And if the process of search and analysis provokes negatives emotions from analysts, they have to force themselves to do the above, the result will be almost zero. Analysts should love the world of numbers and live by them.
Sports commentators and journalists, former athletes as well as people who have nothing to do with sports can easily become sports analysts. All that is needed is a certain amount of knowledge and basic qualities.
What is the scope of analytics’ functions?
The initial stage of the analyst’s work is to study statistical data. A general analysis should be conducted of the following aspects:
- Teams that will play in the next competition (their position in the standings, the results of recent meetings);
- The results of the performance of the relevant clubs on home field and away;
- Head-to-head battles;
The next stage includes the analysis of secondary factors that may, to some extent, change the outcome of the game:
- Internal team relations;
- Details from the personal lives of the leading players;
- Anticipated weather conditions during the game;
- The composition of the referee team assigned to the upcoming game.
Often the knowledge of such details enables the sports analyst to predict what others cannot see. This makes it possible to calculate the correct prediction from the received and processed data. For example, having noticed that the game will be officiated by a strict referee, the analyst predicts the possibility of a player being suspended or a penalty kick being awarded, which in reality may occur.
As a rule, people who specialize as sports analysts work remotely in two directions: they sell their own sports predictions or provide consulting services, as well as cooperate with bookmakers’ offices and betting exchanges.
Working as a freelancer, a sports analyst calculates all possible options of winning by a club or athlete, analyzes all offers from different bookmakers, selects the best, makes a selection of data, and sends it to the subscribers by e-mail or through online subscriptions.
Before being employed as a part of the analytical staff of a bookmaker’s office, applicants pass a certain test to prove to the employer their competence and knowledge in sports betting. As a rule, it is a task to make a qualitative prediction for a particular game, including an announcement and approximate scheme of the meeting.
Experience has proven that professional analysts conduct their activities in a narrow area, which has been thoroughly studied. When choosing a sports analyst, you should pay attention to the expert’s openness and transparency. A real reliable analyst publishes predictions that are made by this analyst only, as well as full associated statistics of positive results, and does it in free access. This also applies to paid predictions. They are published immediately after the betting stops, but the result of the meeting is still missing.