Bayes Esports is transforming esports wagering with its innovative live odds service. A frontrunner in delivering real-time esports information, Bayes leverages its platform, Predex, to furnish bookmakers with exceptionally precise odds across a vast spectrum of esports competitions and betting options.
In the fiercely competitive realm of esports betting, depending solely on intuition and past knowledge is no longer sufficient. To maintain a competitive edge and provide lucrative betting opportunities, bookmakers require advanced probabilistic models to evaluate the probability of various results. This demand is heightened by the ever-changing nature of esports, where games and their associated markets are in constant flux.
Although many bookmakers have excelled in this form of modeling for conventional sports, esports presents a distinct obstacle. The continuous updates and modifications inherent in esports titles make generating and upholding accurate probability models exceptionally challenging. Moreover, the elements influencing the result of an esports match are frequently more numerous and less foreseeable than in traditional sports, further complicating the development process.
This is where Predex enters the picture. Bayes Esports is establishing a new standard by providing its probability service for an extensive library of over 10,000 matches and a multitude of markets.
Predex delivers likelihoods produced by machine learning algorithms trained on an extensive collection of millions of official esports match data points, encompassing thousands of contests. This information is supplied solely by Bayes Esports, providing Predex a competitive advantage in precision. These likelihoods can forecast market results with an accuracy of up to 65%, surpassing other models in the industry and potentially resulting in increased profit margins for clients.
In contrast to certain platforms that limit market accessibility, Predex never shuts down a market, granting customers complete autonomy over their wagering chances. This unlocks a realm of opportunities, including engaging with fluctuating markets such as live round victors in CS:GO.
Predex serves a diverse spectrum of esports betting firms, presenting adaptable solutions. Businesses with internal trading groups and predictive models can utilize Predex likelihoods to evaluate and enhance their own systems. For organizations that depend on external odds suppliers, Predex can become a fundamental element of their operations, providing them with complete control over their esports wagering offerings.
Effortless incorporation is another benefit of Predex. It is completely integrated with Bayes Esports’ primary data hub, BEDEX, and is accessible as an add-on service within the Live Trader Dashboard. This signifies that current users can access Predex without any supplementary integration, while new users only require a single integration point.
Bayes Esports’ head data scientist, Notger Heinz, is thrilled to unveil their probability forecasts to the world. This project has been in development for years, originating during their time at Dojo Madness, patiently awaiting the opportune moment for release. Last autumn, they took the leap, and now firmly believe they possess a top-tier, highly precise esports prediction platform. They anticipate this will revolutionize esports wagering, creating numerous opportunities for betting firms to participate and significantly contribute to the industry’s expansion.
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