4th April 2007, 05:06 PM
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Member
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Join Date: Dec 2006
Posts: 33
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Quote:
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Originally Posted by AngryPixie
Burrah
It's possible to assess the long term viability of a method by doing a simple Chi-Square test. The following page has some punting based examples.
http://www.0dd5.com/matharchie.shtml
In the case of my current Oz lay method I'm 99.52% confident that my results to date are due to some factor other than luck. Sounds a bit of a w_a_n_k I know but it's a great way to measure your success against other punting methods, or indeed other forms of investment. |
Excellent site, many thanks.
Guess I'll have to record my bets in writing to work out some of the stats. I'll check and see if my betting history on betfair will do the trick. Normally all I do is keep an eagle eye on my current balance. When it's up = happy, when down, depresed. Using maths might be the go for my confidence.
Again many thanks. |