New Posts For Thread: Help Required In Calculating The Value of My Edgehttps://community.betfair.com/general_betting/go/thread/view/94082/27301345/help-required-in-calculating-the-value-of-my-edgeI have an edge when it comes to punting on sports, in fact I have two but one in particular is more than enough to make the game pay but I'm particularly interested in calculating the value of each. how do I go about this ?i also have an edge, but to take a break from winning i look at the forum quite a lot.https://community.betfair.com/general_betting/go/thread/view/94082/27301345/help-required-in-calculating-the-value-of-my-edge?post_id=490284589#490284589i also have an edge, but to take a break from winning i look at the forum quite a lot.Thu, 24 Mar 2011 19:19:03 -0500The OP is on the wind up IMO.https://community.betfair.com/general_betting/go/thread/view/94082/27301345/help-required-in-calculating-the-value-of-my-edge?post_id=490282737#490282737The OP is on the wind up IMO.Thu, 24 Mar 2011 19:01:18 -0500421 days.What odds are you playing at? If you're backing 10.0 shots at 12.0 then you have 2 stakes profit per bet divided by 10; 0.2 or 20%.https://community.betfair.com/general_betting/go/thread/view/94082/27301345/help-required-in-calculating-the-value-of-my-edge?post_id=490269977#490269977421 days.What odds are you playing at? If you're backing 10.0 shots at 12.0 then you have 2 stakes profit per bet divided by 10; 0.2 or 20%.Thu, 24 Mar 2011 16:57:10 -0500I don't think I explained myself correctly. I KNOW I have an edge but the future lifespan of at least one of the edges is most probably limited so my question is really, what length of future time can I use to calculate it's current value.https://community.betfair.com/general_betting/go/thread/view/94082/27301345/help-required-in-calculating-the-value-of-my-edge?post_id=490264881#490264881I don't think I explained myself correctly. I KNOW I have an edge but the future lifespan of at least one of the edges is most probably limited so my question is really, what length of future time can I use to calculate it's current value.Thu, 24 Mar 2011 16:01:04 -0500depends what the average odds areIf the average odds are Evens or so then a few hundered bets could be a reliable indication of the long term expectation, if it was 100/1 then you would maybe need 10,000 bets to evaluate ithttps://community.betfair.com/general_betting/go/thread/view/94082/27301345/help-required-in-calculating-the-value-of-my-edge?post_id=490245133#490245133depends what the average odds areIf the average odds are Evens or so then a few hundered bets could be a reliable indication of the long term expectation, if it was 100/1 then you would maybe need 10,000 bets to evaluate itThu, 24 Mar 2011 12:47:00 -0500this is perhaps where the problem lies in calculating the value. One of the edges has an almost limitless percentage return in the short term, but the lifespan of the edge is uncertain. For the other edge it is perhaps easier to calculate it's valuehttps://community.betfair.com/general_betting/go/thread/view/94082/27301345/help-required-in-calculating-the-value-of-my-edge?post_id=490240313#490240313this is perhaps where the problem lies in calculating the value. One of the edges has an almost limitless percentage return in the short term, but the lifespan of the edge is uncertain. For the other edge it is perhaps easier to calculate it's valueThu, 24 Mar 2011 11:56:55 -0500The % you would return on top of your stakes long termhttps://community.betfair.com/general_betting/go/thread/view/94082/27301345/help-required-in-calculating-the-value-of-my-edge?post_id=490238493#490238493The % you would return on top of your stakes long termThu, 24 Mar 2011 11:40:13 -0500I'm struggling to get anything meaningful out of this calculation?????https://community.betfair.com/general_betting/go/thread/view/94082/27301345/help-required-in-calculating-the-value-of-my-edge?post_id=490237713#490237713I'm struggling to get anything meaningful out of this calculation?????Thu, 24 Mar 2011 11:34:18 -0500I WAS TOLD EDGE IS MONEY WON X 100DIVIDE BY MONEY RISKEDhttps://community.betfair.com/general_betting/go/thread/view/94082/27301345/help-required-in-calculating-the-value-of-my-edge?post_id=490237033#490237033I WAS TOLD EDGE IS MONEY WON X 100DIVIDE BY MONEY RISKEDThu, 24 Mar 2011 11:28:13 -0500I have an edge when it comes to punting on sports, in fact I have two but one in particular is more than enough to make the game pay but I'm particularly interested in calculating the value of each. how do I go about this ?https://community.betfair.com/general_betting/go/thread/view/94082/27301345/help-required-in-calculating-the-value-of-my-edge?post_id=490232245#490232245I have an edge when it comes to punting on sports, in fact I have two but one in particular is more than enough to make the game pay but I'm particularly interested in calculating the value of each. how do I go about this ?Thu, 24 Mar 2011 10:43:25 -0500