MONEYBALL STATISTICS

Baseball managers relied on their gut instinct to judge if a player was good.

Billy Beane, the manager of the Oakland Athletics baseball team, used metrics to put together a team with a small budget.

Author Michael Lewis wrote about this in Moneyball: The Art of Winning an Unfair Game, that later became a movie starring Brad Pitt. 

It's a story about using statistics to create a winning baseball team.

In 2022, data analysis in sports created 2.5 quintillion bytes of data per day.

The game changer is the rise of big data analytics in business as explained in this honors thesis.

As a result of statistics, sports betting today is a multi-billion dollar business just in the US.