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A Hedge Fund Veteran Is Trying To Bring Quant Trading To A New Market — Sports Betting

by businessinsider.com posted 1year ago 356 views
Sports trading company Stratagem raising a £25 million fund to bet on sports; Company set up by ex-hedge funder, run by former Goldman Sachs partner; Stratagem uses artificial intelligence to analyse football, tennis, and basketball, identifying betting opportunities; One of several startups trying to make betting markets more like financial markets.