3rd December 2012, 09:58 AM
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Member
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Join Date: Nov 2010
Posts: 258
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Quote:
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Originally Posted by ianian
If each selection was staked to price say to take $100 50-1 $2 9-1 $10 4-1 $20 and so on and if it still made a profit I could not see why it should fail in the future if back tested for any length of time I would give it a good chance of success.
Am I missing the point.
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only if rigorously back tested on fresh data - bookmakers love people with data bases, computers and back testing.
a nip here a tuck there and lo and behold you have discovered the path to eternal riches - until you do it in real time with your hard earned.
"but it all looked so logical - what could have happened" you say  and then 
I have filing cabinets of "good" logical sensible systems that won for 2-3 years and then started a slide and never came back.
And i mean never came back as in over 10 years of later testing.
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