Project Description
Horse racing, a timeless equestrian sport that blends athleticism, strategy, and the thrill of competition, has captured the imagination of enthusiasts for centuries. As horses thunder down the track, the exhilarating spectacle showcases the perfect harmony between human riders and their equine companions.
- The horse racing segment is the second-largest sports betting market share, following football.
- In terms of revenue, the global horse racing market accounted for USD 402.3 Billion in 2022 and is expected to reach USD 793.9 Billion by 2030, growing at a CAGR of 8.89% during the forecast period: Zion Market Research
Pinnacle AI has developed RACESEC, an AI-ML-based Solution that gives customers various probable scenarios for better outcomes in any Horse Race.
Some Key Features of RACESEC:
Build | Build RACESEC® with the ability to use AI-ML to build a new probable/predictable “Condition Book” which can also be used to build new races. AI-ML modeling can be used to create “Extra” races and substitutes based on existing backside inventory. |
Build | Build a platform to take Entries and information from Owners and trainers that is trackable, transparent, and accountable with high fidelity. Provide a multi-lingual platform accessible via phone, text, or email. Automated proactive notification on entries and other info. |
Build | Build Prediction model to give Owners and trainers view of the probability of the race happening. This will allow horses to be trained for races that have a high probability of going. Reduction in ship-outs, creating safer and more competitive racing. |
Create | Database of back-side inventory and available horses that meet common conditions will increase field sizes and provide greater visibility into past performances of horse population and trainers alike. |
Create | Foundational data lakes that can be expanded upon to drive other business insights, increasing revenue. Correlation of data points such as optimal post time, day of week, take-out, type of race, bettor profiles, wagering trends, ect… |
Help | Increase safety and well-being of horses. Reduce breakdowns as a result of horses running in races they have trained for. Ability to correlate other date to reduce breakdowns such as track conditions, weather, time of year, age of horse, frequency of entries, etc |
Help | Substantially increase all KPIs through the use of predictive and prescriptive analytical modeling and the correlation of multiple data points. Optimization of handle, attendance, marketing, field size, grow revenues and other metrics through AI-ML. |
Help | Drive data driven decisions, leading to optimal business outcomes. Increase existing revenue streams and develop new sources of income. |