The daily fantasy sports charts cover in this video
Information derived from Statistics. What’s the difference?
Before StatShark there were only two components in the “Analytics” segment of the sports betting industry: statistics and news (including opinions).
With StatShark that has changed. StatShark added “Information” to the mix. Information is derived from statistics. Let’s look at an example:
A statistic in isolation: Lebron James median score per game is 51.8 DFS points
An assumption: Lebron James can be expected to score roughly 51.8 points tonight
A Question: Can we make this estimate more accurate?
The Answer: Yes, with information derived from the statistics. Let’s look…
Information from Statistics
As we can see here, depending on the team Lebron plays against, the DFS points performance vary considerably. This is probably related to a given team’s defensive strength (this assumption can also be investigated via the StatShark tool). Therefore, while Lebron James median performance is 51.8 points, we can handicap or increase the estimate based upon the team being played on a given night.
This is what is called “actionable information” and is distinct from statistics in isolation.