INTRO<p>The App uses Artificial Intelligence (evolutionary algorithms) with a main objective of obtaining long-term profit from betting on football (soccer) games.
The AI has access statistical models and learns from past mistakes so that it optimizes future reward.<p>With over 1 year in testing the results of the algorithm's predictions show that there is no magical solution that makes you win 100% of the time.
However it has learned to exploit a couple of strategies and has achieved its objective of obtaining long-term profit.<p>- It bets on matches where it thinks there are increased chances for a surprise result. (betting against the favorite)<p>- Uses one match it thinks is [a value bet](<a href="https://www.pinnacle.com/en/betting-articles/educational/what-is-a-value-bet/MDFJ8GATUVW3M3MW" rel="nofollow">https://www.pinnacle.com/en/betting-articles/educational/wha...</a>)
combined with other matches to multiply profitability.<p>- Prefers to skip betting on most matches.<p>Some disadvantages of its strategies:<p>- Picks risky solutions that are more profitable on the long-run.<p>- Accuracy is between 32-60% depending on bet type. The low accuracy compensates with the increased rewards. ( average win odds of 2.7 and 3.5)<p>- Due to small sample bias <a href="https://www.youtube.com/watch?v=sgZQMJQRwRM" rel="nofollow">https://www.youtube.com/watch?v=sgZQMJQRwRM</a> and the accuracy it's main vulnerability is short-term bankruptcy when choosing a stake that is too big in terms of % from the total amount available.<p>FAQ:<p>- Does it work only on Android?<p>Yes, at least for the moment. I plan to see how this goes and then release for iOS.<p>- Why are you using Facebook for authentification?<p>It was easy to implement (firebase auth) and I worked on it before the Cambridge Analytica scandal.
It didn't require extra costs and servers and had good enough protection against spamming accounts.
I use the most minimum permissions from Facebook (just the email which is opt-out).
Also planning to market it through Facebook ads so most of the potential users already have an Facebook account.