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-   -   Back testing on Betfair (http://forums.ozmium.com.au/showthread.php?t=19368)

thorns 26th September 2009 09:17 AM

Back testing on Betfair
 
I am just looking at running some back tests on a selection method using betfair prices. What price should I use, is the WAP the one to target? Obviuosly its never going to be accurate (WAP price), but it should be a case of swings and roundabouts? Sometime it will be higher than the price you woudl have taken, and sometime lower? Would that be a fair assumption?

If not, what would you take?

AngryPixie 26th September 2009 11:11 AM

Thorns

I use the last available back or lay price.

Chrome Prince 26th September 2009 05:01 PM

Yes, the last back or lay price would be better as the WAP is biased.

I'll throw a party with free drinks, when they finally implement SP for us, but it could be a pensioner's party the way things are looking.

However, I was easily able to beat Top Fluctuation on all the shorties today, so fairy bread all round ;)

thorns 27th September 2009 06:04 AM

Okay thanks guys, will use that as my price then.

Merriguy 27th September 2009 09:28 PM

Hey, Chrome, us pensioners don't need B/F SP to have a party!


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