Clustering Your Way To Line Betting Success : Building a Predictive Model
In the previous blog I used a clustering algorithm - Partitioning Around Medoids (PAM) as it happens - to group games that were similar in terms of pre-game TAB Bookmaker odds, the teams' MARS Ratings, and whether or not the game was an Interstate clash. There it turned out that, even though I'd clustered using only pre-game data, the resulting clusters were highly differentiated with respect to the line betting success rates of the Home teams in each cluster.