🔥 Jeff Ma Answers FAQs about 21 - Video

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With any stereotype, there's some truth to it. Why not? Doing something like that, which is outside of my comfort area, I feel like I could go be on SportsCenter, and it would be really easy for me. Same goes for In terms of what you guys actually did at the casinos, what did the book get right? Where did your affinity for fantasy sports come from? Author: Anuradha Varanasi Anuradha Varanasi. A lot of the books that have been written about this type of thing — meaning statistics or data — are very cold and scientific, and they're very math-oriented and seem like academic research. All that sabermetricians are doing is they're trying to take advantage of advancements in technology that allow us to capture data and information in ways that we never were able to before, and therefore utilize that information to make better decisions than ever before. Do you feel like — especially older — businesses and companies ignore these sorts of evolutionary concepts at their own peril? But it really is just about data and information and trying to use that systematically in a better way. We've all kind of gone our separate ways. I think, if you're a good player, you can almost always do that. No one is going to be against something that they really think will help do their job better, but they're going to be against something if you say, "You're wrong. It was definitely harder for me because it was not something I've spent as much time on, but doing TV was fascinating. Have you ever won your league? So, as mercenary or cold — as you said these traditional media people see them — these people are in ignoring any emotional or human part of sports, the pushback from the sabermetricians is, "Well, you guys are ignoring the technology advances that allow us to categorize that emotion in a way that's more than just simple observation. I wrote this book and I knew that, regardless of Yahoo, I was likely going to take some time off. When most kids were fantasizing to become baseball players, I was more interested in becoming a general manager for a franchise. But at the end of the day, they're just a microcosm of what's going on in the larger business world. For a while, I wanted to be a sports-medicine doctor, because that was going to be my way to be around sports and use my intelligence. We would literally get the stats from the newspaper and enter them into a computer or calculate them by hand. View Comments. By that time, Ma was already a successful entrepreneur, having co-founded ProTrade, which specializes in integrating market-based solutions and social networking functionality into fantasy-sports providers. It was natural. They try to be perfect, but improving on that area is something that's fascinating to me. I played it in college and also coached for seven years. And sports and gambling are two great analogies because they're interesting and fun. The 30 years of experience that you have here — and everything you know from that — are wrong because I have a number that says you're wrong. But from the way we divvied up the salaries, it was more complex. I think that idea of being in orthopedics or sports medicine took me all the way up until college, when I finally just decided I didn't want to be a doctor. It's hard not to be emotional when you're a gambler or when you're making a difficult sports decision. The latter played a Brit whose character stood in as a proxy for Ma, but Ma had his own cameo role as a blackjack dealer. Ma stayed back as the company he helped start was folded into the search giant. Buying Guide. Author: Kiona N.

Wired magazine featured a prepublication excerpt in Six years after its publication, the mit blackjack team jeff ma was adapted to the blackjack at gold strike tunica 21starring Kevin Spacey and Jim Sturgess.

They're going to help them understand why certain models don't work, or why certain situations can't be described by mit blackjack team jeff ma.

I would say that [of] football much more so than baseball, which is more skill-oriented. I probably took home about a million bucks. But the notion of being around sports was certainly something that was always in my mind. Fantasy, on any individual season, is a lot of luck.

The skill in most fantasy sports is to consistently finish in the top third. It's kind of like when you work with someone at a job. About 75 percent of what's in Bringing Down the House is true. Smith, Ars Technica Kiona N. I tried to make my book a lot lighter than that.

But for me, I wanted to be able to promote the book and take a look at the opportunities in front of me without just jumping into something. Actually going from two, three, or four to first place, there's a lot of luck involved, but I do fine. Author: Adrienne So Adrienne So.

And it shouldn't be, right? Is that a misconception about people who like to blend their statistics with sports? It really just came from my love of sports and the fandom that I had when it came to sports. The reason that I use sports and gambling in my book is because they illustrate the dangers that we get into when we ignore data and information. I've done pretty well in baseball, and I usually finish near the top. Ma discussed water polo, misconceptions about sports geeks, why he didn't join Yahoo, and — following MIT and Citizen Sports — what his third act might look like. It's just that people's names have been changed, and there are some composites, but it's mostly true in terms of what we did and how we did it. I enjoyed the people I met with during the Yahoo process, and there were definitely some cool opportunities there. I'm still in what was probably one of the first fantasy football leagues, same one for about 18 years now. I try to stay away from the word statistics , because it often elicits a response in people that you don't want. I'm definitely more of an entrepreneur than I am a big-company person, so the idea of going over to Yahoo at that point was not something that I wanted to do. But they have to be very accepting of it, and the problem very often is that the stat people make themselves unapproachable by being standoffish or coming off as the incumbent experts. I think there's a lot that can be done there, and it's a field that a lot of people are trying to do, but no one's really solved it. Ultimately, they're going to be able to help the geeks build better models. It explains how sports franchises and businesses of any age can use statistics and new-wave math to excel in the corporate world. It wasn't until I was coming into my senior year at MIT, and a lot of my friends would go away to Vegas and come back with all this money, and I thought I should check out what all this was about. That venture later evolved into Citizen Sports , which was scooped up by Yahoo — itself one of the fantasy-sports industry's biggest players. It's what my new book is supposed to be about. Even if you don't know Jeff Ma's name, chances are you know the man. I try to make it about this whole process, because I think it's important that the staunch traditionalists of sports understand — and not just sports, but in every field — those experts, those people that have made their living in that field, they need to also understand the value of using data and statistics. Smith, Ars Technica. When you're working with them on a day-to-day basis, you talk to them a lot. More Stories. Sponsored Stories Powered By Outbrain. And I don't know if you can necessarily solve it, but that's one of the mistakes that people often make when they try to use numbers. So having a framework, or a way to make those things objective rather than subjective, is important. Garrett M. I wasn't very good at baseball, but I was OK at water polo. Follow us on Twitter at erikmal and wiredplaybook and on Facebook. I've played fantasy sports for about 20 years, so I was doing it before the web and before any online services. I do a lot of corporate speaking, and I wrote this book, and I just got done being a co-host on Fox Business. And then when you go your separate ways, you keep in touch with the people that are close to you, but a lot of the people you lose touch with. You look at medicine, you look at media, you look at anything like that that has very traditional experts that have succeeded at many levels, and you look at those areas where emotion has played a large part.