21st March 2011, 08:27 PM
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Member
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Join Date: Sep 2005
Posts: 1,601
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partypooper,
I can't do proper analysis unless you have the stats for all the prices. I can give you a best guess but its not really good as avgs are not good to work with.
I really need the sum of 1/odds to do this properly
But going quickly on the avg odds you are roughly expecting 2169 winners out of your 3080 bets. Your actual winners were 2200 which is only 31 more winners then expected.
The real figures might give a different story though. But on what I am seeing you are currently just in front and tht could be due to luck or an edge. In fact I did this quickly so calcs might be wrong but I calculate a 75% chance the result is due to luck.
Based on this I wold suggest the wait and see more results before betting. There is only a 25% chance this is due to an edge based on the figures you have provided. If you can give more figures I can check those for you.
The more history the less chance will have an effect.
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