Football season is upon us and that means many of you are making your fantasy football picks. While ESPN, Yahoo and others provide data and statistics on players to help you make decisions, numberFire is hoping to be an additional useful resource for fantasy football picks.
Originally presented from the TechCrunch Disrupt DemoPit, numberFire is an application that applies quantitative analysis and statistical reasoning to the world of fantasy football. Not only does numberFire have recommendations of pics, but the site also provides contextual data supporting each decision.
For example, let’s take Tom Brady, who is playing against Cincinnati this week and is known has one of the best quarterbacks because of his accuracy and decision-making. In order to find comparable players to Tom, numberFire evaluates his statistics and compares that data to players in the past in order to find a past QB who plays in a similar style and has performed with similar statistics. For Tom Brady in 2010, his closest comparable is Brett Favre in 2007.
NumberFire founder Nik Bonaddio says that the player is only one part of the equation. His site also factors in the team (Patriots), the defense he’s going up against (Cincinnati) and the situation (the start of the season so players may be rusty, off the field distractions such as injuries). numberFire also evaluates games and situations to find comparable situations. In this case, says Bonaddio, the closest comparable is San Diego vs. Atlanta in 2004.
NumberFire will be free for the first month (as to prove to people that the site can beat the predictions that platforms like ESPN provide, says Bonaddio), and will then charge a monthly subscription ($7.99/mo) or a flat-fee for the rest of the year ($19.99).
One interesting tidbit about Bonaddio: Before he demoed numberFire at TechCrunch Disrupt, he was on a primetime episode of “Who Wants To Be A Millionaire” hosted by Regis Philbin and won $100,000. He subsequently quit his job to develop and launch this project.
numberFire is an analytics framework that empowers sports consumers to make smarter decisions. Over 50 million people play fantasy sports or bet on the games, but they are lost when it comes to advice, as most of the content available is opinionated, qualitative, and non-substantive. To meet the opportunities in this market, we apply Wall Street-style quantitative analysis to the massive amounts of data that exists around sports in order to deliver best-in-breed insight and advice for our users and...