Abstract:The application of Data Science and Analytics to optimize or predict outcomes is Ubiquitous in the Modern World. Data Science and Analytics have optimized almost every domain that exists in the market. In our survey, we focus on how the field of Analytics has been adopted in the field of sports, and how it has contributed to the transformation of the game right from the assessment of on-field players and their selection to the prediction of winning team and to the marketing of tickets and business aspects of big sports tournaments. We will present the analytical tools, algorithms, and methodologies adopted in the field of Sports Analytics for different sports and also present our views on the same and we will also compare and contrast these existing approaches. By doing so, we will also present the best tools, algorithms, and analytical methodologies to be considered by anyone who is looking to experiment with sports data and analyze various aspects of the game.
Abstract:The evolution of digital technology and the increasing popularity of sports inspired the innovators to take the experience of users with a proclivity towards sports to a whole new different level, by introducing Fantasy Sports Platforms FSPs. The application of Data Science and Analytics is Ubiquitous in the Modern World. Data Science and Analytics open doors to gain a deeper understanding and help in the decision making process. We firmly believed that we could adopt Data Science to predict the winning fantasy cricket team on the FSP, Dream 11. We built a predictive model that predicts the performance of players in a prospective game. We used a combination of Greedy and Knapsack Algorithms to prescribe the combination of 11 players to create a fantasy cricket team that has the most significant statistical odds of finishing as the strongest team thereby giving us a higher chance of winning the pot of bets on the Dream 11 FSP. We used PyCaret Python Library to help us understand and adopt the best Regressor Algorithm for our problem statement to make precise predictions. Further, we used Plotly Python Library to give us visual insights into the team, and players performances by accounting for the statistical, and subjective factors of a prospective game. The interactive plots help us to bolster the recommendations of our predictive model. You either win big, win small, or lose your bet based on the performance of the players selected for your fantasy team in the prospective game, and our model increases the probability of you winning big.