Comment Re:This is just embarrassing (Score 1) 40
"The hard part is it requires nerves of steel because you will be up 100,000 one day and down 200,000 the next day and up $120,000 a day after that. The point is it's all doable mathematically. "
That's what's wrong with this article. They evaluate the model on its accuracy, or lack thereof, on a single race. That doesn't work
Don't get me wrong, I wouldn't expect anything GPT-like to outperform a more simple statistical model on sports gambling. Still, this article doesn't make a lot of sense.
What a language model might be good for here is populating the statistical model, like collecting facts on the different players current injuries from news stories.