Betegy

BETEGY
Type of business Private
Type of site
 Football Prediction Technology
Available in English, Polish, Russian
Founded May 2012
Headquarters Warsaw, Poland
Employees 10+
Slogan(s) keep winning
Website www.betegy.com
Registration Optional
Launched August 12, 2012 (2012-08-12)
Current status active

BETEGY is a startup providing data- and algorithm-based statistical football predictions and up-to-date sports information.[1] It analyzes statistical data[2] based on the model of Mark Dixson and Stuart Coles to advise users when they bet on outcomes of football matches. The service is often used as a reference point in sports betting.[3]

Algorithm, results and accuracy rate

BETEGY's algorithm is built on over 350 various data points. Team dynamics, public news information, statistical models and neural network functionalities are taken into consideration among many other sources.[4] BETEGY publishes all results and accuracy rates, letting users even download all this data easily.[5] In a July 2013 interview with the Wall Street Journal, the company reported an accuracy rate of up to 90% for selected leagues.[6]

In September 2013, ESPN signed a deal with BETEGY, offering its users prediction and tips for soccer and football based on the startup's data.[7] It is deeply integrated in the ESPN Pick Center.[8]

As one of the first European companies to enter the Chinese market for sports data and betting, BETEGY entered an agreement with SunLoto, a licensed operator of the Chinese Welfare and Sports Lottery.

Funding

BETEGY secured seed funding in August 2012 from bmp media investors for 30% stake. An additional financing round was concluded in December 2013, taking on board a private investor. After this round, the stake of bmp media investors was slighthly reduced to around 25%.[9]

Leagues and Competitions

BETEGY provides predictions for men’s football / soccer for international leagues and competitions. When BETEGY was launched in 2012, they started predicting the outcome of football games for the five most popular leagues in Europe: Premier League (England), Bundesliga (Germany), La Liga (Spain), Serie A (Italy) and Ligue 1 (France). In the summer of 2013, the amount of leagues / competitions was extended to 22 in total: UEFA Champions League,[10] UEFA Europa League, FIFA World Cup, Eredivisie (Holland), Campeonato Brasileiro Serie A (Brazil), Major League Soccer (United States), Tippeligaen (Norway), Primera A (Argentina), Allsvenskan (Sweden), J-league (Japan), K League (South Korea), Primeira Liga (Portugal), Superliga Denmark, Ukrainian Premier League.

The service is currently available in English, Russian and Polish.

References

  1. ↑ "BETEGY - Precise Football Predictions and Tips Using Statistical Analysis: Product Review". World Soccer Talk. 2013-08-21. Retrieved 2016-12-28.
  2. ↑ "Larry Uriri's answer to Data Mining: What are some analytical methods to predict soccer match outcome?". Quora. Retrieved 2013-11-13.
  3. ↑ "Betting tips and the basic steps in sports betting". tipforwin.com. 26 August 2014. Retrieved 17 November 2016.
  4. ↑ "Results based on". BETEGY. Archived from the original on 2013-05-23. Retrieved 2013-11-13.
  5. ↑ "Accuracy". BETEGY. Retrieved 2013-11-13.
  6. ↑ Ben Rooney, "Betegy: Startups Predicts Soccer Results"," Wall Street Journal, July 5, 2013.
  7. ↑ "ESPN Europe Sign Partnership With BETEGY". Sports Betting Community. 2013-09-20. Retrieved 2013-11-13.
  8. ↑ "Manchester United @ Swansea City". ESPN Insider. Retrieved 2013-11-13.
  9. ↑ "bmp-investment BETEGY on a growth course with 'Sports & Data' Archived January 6, 2014, at the Wayback Machine."," DGAP Financial News, 12/11/2013.
  10. ↑ "UEFA Champions League Archived March 24, 2014, at the Wayback Machine."," BETEGY Blog covering all news related to the UCL
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