Fantasy sports is a genre in gaming, which is played online on mobile or PC. In India alone, the fantasy sports industry has witnessed phenomenal growth in the past few years, Players make simulated teams that are proxies of the actual team. These teams are based on the statistical successes of the players in live games. The team formations are mainly based on qualitative and quantitative analysis of the sport.
Human beings have been historically known for making qualitative decisions based on instinct or commitment towards the team. Team performance in cricket depends upon the players chosen, the current form of players, the past success of the players selected team balance with respect to the number of bowlers and batsmen among other things. While using regression analysis, the features that one must consider are on the basis of player, average, the number of balls faced, and strike rate, in order to make sure you have a balanced team.
Just like regression analysis, the technique of linear programming can also be used to create fantasy sports teams. The linear technique is used to get an optimum solution to business problems by taking resource scarcity and constraints into consideration. In fantasy sports, one needs to create the perfect problem by selecting the players based on objectives. Investors will have to use the team’s selection metric projection, team composition constraints, and the credit that the platform allows. The final team will be formed based on the rules and constraints that the platform has in place.
Using such techniques and a close study of players and teams, fantasy sports enthusiasts can form teams and win big. For more such articles, keep reading GutshotMagazine.com. Follow us on our social handles Facebook, Instagram, and Telegram.
Manthra Koliyer is a writer at Gutshot Magazine. She has an affinity for seeing the world through people’s eyes. With a bubbly fun personality, you can always catch her chatting with anyone she comes across. Holding an English Literature degree from Wilson College, Mumbai, this pop culture fanatic is ready to take on the world with a pen, paper, and microphone. She also actively works on her personal blog called namasteyconvict.blogspot.com, where for a moment she lets you into her drama-filled world.
SUBMIT YOUR ARTICLE
SUBMIT YOUR ARTICLE