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-   -   Help in betting please. (http://forums.ozmium.com.au/showthread.php?t=16478)

Chrome Prince 2nd September 2007 02:46 PM

Denise,

If your figures are based on form or stats, I can run these parameters fairly quickly for you, but if they are based on neurals or ratings, then I'd suggest testing forward for a lot longer timeframe.

Things can turn very quickly.

I have some systems that have done well over 1,000 plus bets, but fell in a hole over the next thousand.
It shows you that you need a big chunk of data for big confidence ;)

All the same the figures look excellent.

If you want help in confidence, drop me a line.

I'm sure other members can attest to the fact that anything shared with me remains your property in strictest confidence.

racestats at hotmail dot com

Rhystan 3rd September 2007 08:55 AM

CHROME PRINCE

Thankyou very much for your kind offer, that is very good of you but I am steadily going through the figures and although its not anywhere near a thousand it is still looking consistant and good. I am happy to slowly build up my bank and learn as I go.

jfc 5th September 2007 07:50 AM

With all this mixed advice about near triple-digit POTs, some reality might not go astray.

As some might know IAS has a punting division, in contrast to its traditional bookmaking activities.

Here, derived from ASX notices, are that division's POT figures.

2007 3.2% +$7.3m
2006 6.2% +$11.0m
2005 5.6% +$9.6m
2004 7.3% +$12.1m

Showing how tougher the caper has become.

Rain Lover 5th September 2007 08:04 PM

Denise,
Your current betting ($1EW) is the best course of action - bet what you can afford to lose because there is no certainty that your system will continue to return a profit. You can process whatever amount of past data but it is no guarantee of success at tomorrow's punt. People here seem to lose sight of the fact that the only long term winners at the punt are the tote and the bookies, and the the books are baling out because of dwindling returns.


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