Big data. What is it?

Bettium
Bettium
Published in
2 min readJun 25, 2018

The Bettium platform is professional, transparent, and fair to all users, both expert and amateur, which provides users with all necessary tools to make smart bets.

The terms Big Data, Artificial Intelligence may have been around for some time now, but there is still quite a lot of confusion about what it actually means. Let’s take a closer look on this to understand better how helpful for betting these tools are.

Big Data is a complex of data arrays, especially from new data sources even from the Internet, SNS, different databases etc. All of those contain the data that can be collected, analyzed and modified. People are not able to work with increasingly growing amount of the information in real time, and super computers and algorithms allow us to cope with this task and use it more effectively. To make sense of all of this messy data, Big Data projects often use cutting-edge analytics involving artificial intelligence and machine learning. By teaching computers to identify what this data represents– through image recognition or natural language processing, for example — they can learn to spot patterns much more quickly and reliably than humans.

How does Big Data work for betting?

Big data brings together data from many disparate sources and applications. Bettium platform gives access to Big Data derived from sport, e-sport matches and bets. Moreover, it gathers all stats and analytics, expert opinion and their forecasts. Getting all the data you are able to analyze it and act on this data. After exploring the data, you can put it to work and use it to make profitable bets.

Big data has had a tremendous effect on the betting industry. With so much information now being generated and gathered, it’s clear that the full impact will likely continue to be felt well into the future.

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