*****New Football Thread*****
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@Matt-Wood if you have a basic strategy/filter that is performing well then you're definitely on to something, so use that as your foundation. The problem with over-tweaking or back-fitting the data you've accumulated is that you're basically removing the variance and leaving yourself with potentially unreliable results. How many selections do you have overall? With the changes you're making to optimise the strategy, do they 'make sense' or are they just random and happen to have improved the bottom line for no apparent reason? Simple filtering such as odds ranges (over 2.5 goals and home odds markets) make perfect sense, for example, as these will 100% have an impact on the likelihood of a draw happening.
I personally adopt a different approach for each that league I'm trading, as they are all unique and behave differently - if this is going to be your main strategy and you have the time to dedicate to it, then I'd focus on each individual league (assuming there is enough data), work out which strategy works best and adapt your LTD approach accordingly.
This might not have actually answered your questions but hopefully it's been of some us! -
Afternoon all.
Just wondering if any of you suffer from 'analysis paralysis' at all and if yes how and what do you do to move past it?
I ask since I am struggling with it now. I had an idea for a LTD (even though the internet says its dead ) for the summer leagues since I don't do much in the summer.
I have collected a fair amount of data now and just betting every game blind it has made 50pts.
I know with a couple of sensible tweaks to the data that return can double. The problem I am stuck with now is that I have become obsessed with maximising the return and therefor won't commit to making the change.For example if I apply a couple of filters to the data Ireland is in good profit for the summer but with a couple of different filters it is in a slight loss. This is reversed for other leagues. Repeat this over and over across multiple attempts and I have become stuck with trying to find a way to extract the maximum winning leagues in one go, even though I know there is probably not a 'best' way.
Just curious as to how others find their way through this sort of thing.
Cheers in advance.
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@Alex-Rendell thanks for getting back to me, so if the game is a draw, I'll lose the £10 stake?
Edit...
I get it now, thank you, I understand now -
@Simon-Bates in the example you've given, if Walsall win, you'll lose £60...if it's a draw then the bet is void, and if Walsall lose then you'll win your £10 stake (less commission). Hope this helps!
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Morning all, I've been trying and trialing different trades on Betfair the last few weeks just seeing how they work and how I can use them for trading.
I've seen the trade 'draw no bet' I know how this type of bet works but what I can't get my head round is the lay side of it.
I'll use this Walsall game as an example
If I back £10 on Walsall, I'll get £56 if they win, I'll get my £10 back if the game is a draw, and if they lose I'll lose my £10.I just can't get my head around the lay side, if the game isn't a draw, do I get my stake back, cos the trade is draw no bet, I know it's probably simple but it's giving me a mental block at the moment
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Going for SHG's in the:
Monaco v Le Havre match
Brighton v Notts Forest match
Heading out for dinner now!
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Those Finnish league matches seem to spend a long time being 'suspended'. I might drop the Finnish leagues altogether.
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@Matt-Wood said in *****New Football Thread*****:
@Martin probably something to do with Utd being awful
Good to see. Long may it continue
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@Akiva-Anderson not sure how there was not a goal in that one!
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SHG in the Crystal Palace v Man United match
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Still waiting for 8 games to kick in before I start my strategy trading so still playing around with different trades and trying different things.
Seen Barcelona 1 nil down and with 10 men, so layed Monaco, got lucky when Barca scored so took my liability out, guna watch the rest of the game now and if Barca score again I'll cashout, got a free bet now so I'll see what happens.
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@Richard-Latimer said in *****New Football Thread*****:
Why are they confusing me by putting champions league on a Thursday ffs???
Everyone knows Turdsday night football is of less quality.
Aye, for shitty teams like Man United