How do you make money with Kaggle?
Table of Contents
How do you make money with Kaggle?
I put contests in 4 buckets:
- I want to get in the Top 10, and hit money if possible.
- I want to learn a new tool, and the contest is a good excuse to do so.
- Might as well get a few extra kaggle points by jumping in.
- Don’t have the time or interest.
How do you get a good rank in Kaggle?
Sections to this article
- Competition context.
- Keeping a logbook.
- Get more data.
- Leveraging existing kernels.
- Preprocessing images.
- Training is a very very slow process (but don’t worry)
- Transfer learning.
- Model selection.
Can you win Kaggle solo?
Since no competition on Kaggle has ever been won through a single model, it is wise to merge different independent models even when you are doing the solo ride. If you commit and try to compete in every single competition, you will lose focus. It is better to focus on one or two and prove your mettle.
How long does it take to master Kaggle?
Median time to become a Master is ~1.25 yrs for Kernels & Competition but ~ 1 yr 8 months for Discussion !! Median time to become a Grandmaster is highest for Competition , almost 2 years !!
How much is the prize money of Kaggle competition?
Prize money is specified at Kaggle along with competition hosted which varies from $220,000 to $500 at this moment , apart from prize money and good experience you might end up with job opportunities (eg: Facebook Recruiting III – Keyword Extraction) , good luck!
How do I become an expert on Kaggle?
You become an Expert once you have worked enough on Kaggle to have some experience in Competitions, Notebooks, Datasets, and Discussions. To become an Expert in competitions, you need 2 bronze medals, for Datasets you need 3 bronze medals, it is 5 bronze medals for Notebooks, and last but not least 50 bronze medals for Discussions.
What percentage of Kagglers win money?
This is a typical situation where 1\% of Kagglers wins 99\% of the money. And even that 1\% doesn’t win any money in the huge majority of competitions they participate in. I was lucky enough to win two competitions bringing home some respectable checks, but the total ROC difference between my two first places and the second team ROC was 0.002.
How many competitions will it take to win $25k?
Lets assume that your winning probability is 1 in 100 competitions (being a greedy-optimist!). As you move on improving competition by competition, lets say you will spend 3 years to win one competition of prize money $25,000 (Avg Prize money).