New Posts For Thread: When is a system a system?https://community.betfair.com/general_betting/go/thread/view/94082/30030705/when-is-a-system-a-systemI have developed a system over the last few months, the results which are giving me a good return at present. However it is way too early to know if it is a succesful system longterm. The main problem I have is that there are too few opportunities, oI am trying out 2 football systems both being paper traded for £10 lays, im liking the results to date...System 1:Started late april300 lays£10 per layMax lay odds of 5.5Av lay odds 4 - 4.2 estimate Total lays 310 with 47 losses -84.8%Total returnshttps://community.betfair.com/general_betting/go/thread/view/94082/30030705/when-is-a-system-a-system?post_id=534848785#534848785I am trying out 2 football systems both being paper traded for £10 lays, im liking the results to date...System 1:Started late april300 lays£10 per layMax lay odds of 5.5Av lay odds 4 - 4.2 estimate Total lays 310 with 47 losses -84.8%Total returnsMon, 19 Aug 2013 08:30:07 -0500Thanks for a good read BJT.https://community.betfair.com/general_betting/go/thread/view/94082/30030705/when-is-a-system-a-system?post_id=534680191#534680191Thanks for a good read BJT.Mon, 12 Aug 2013 17:26:24 -0500Great post BJT!https://community.betfair.com/general_betting/go/thread/view/94082/30030705/when-is-a-system-a-system?post_id=534675827#534675827Great post BJT!Mon, 12 Aug 2013 14:56:17 -0500In regards to systems, you really need to know prices. A "system" may work for some and not for others, based purely on this.You could really pick a number out of a hat and back it each race and win if you got the right prices for them.eg if you bachttps://community.betfair.com/general_betting/go/thread/view/94082/30030705/when-is-a-system-a-system?post_id=534659067#534659067In regards to systems, you really need to know prices. A "system" may work for some and not for others, based purely on this.You could really pick a number out of a hat and back it each race and win if you got the right prices for them.eg if you bacMon, 12 Aug 2013 00:20:59 -0500Spot on.https://community.betfair.com/general_betting/go/thread/view/94082/30030705/when-is-a-system-a-system?post_id=534658817#534658817Spot on.Sun, 11 Aug 2013 23:48:00 -0500When it starts to lose.https://community.betfair.com/general_betting/go/thread/view/94082/30030705/when-is-a-system-a-system?post_id=534519983#534519983When it starts to lose.Wed, 07 Aug 2013 06:15:42 -0500Thanks for the replies lads, a bit more patience is probably what I need as system is working fine at the moment, though it is definitely not going to be a get rich quick scheme.https://community.betfair.com/general_betting/go/thread/view/94082/30030705/when-is-a-system-a-system?post_id=534492831#534492831Thanks for the replies lads, a bit more patience is probably what I need as system is working fine at the moment, though it is definitely not going to be a get rich quick scheme.Tue, 06 Aug 2013 08:28:11 -0500Depends on winners versus losers, and amount won versus amount lost. Assuming winners and losers are equal amounts, then 120 winners and 80 losers is easily statistically significant. That is, your system works.http://en.wikipedia.org/wiki/Checking_whttps://community.betfair.com/general_betting/go/thread/view/94082/30030705/when-is-a-system-a-system?post_id=534485957#534485957Depends on winners versus losers, and amount won versus amount lost. Assuming winners and losers are equal amounts, then 120 winners and 80 losers is easily statistically significant. That is, your system works.http://en.wikipedia.org/wiki/Checking_wMon, 05 Aug 2013 21:34:13 -0500Irish racing is not very predictable but; Naas Ningalo Reef was fc 12/1 now 7/2. looks like a back to lay for me.https://community.betfair.com/general_betting/go/thread/view/94082/30030705/when-is-a-system-a-system?post_id=534467655#534467655Irish racing is not very predictable but; Naas Ningalo Reef was fc 12/1 now 7/2. looks like a back to lay for me.Mon, 05 Aug 2013 10:36:50 -0500My wife is biased.Is she?Yes, when we go into town all Iget is 'bias' this, 'bias that' etchttps://community.betfair.com/general_betting/go/thread/view/94082/30030705/when-is-a-system-a-system?post_id=534466759#534466759My wife is biased.Is she?Yes, when we go into town all Iget is 'bias' this, 'bias that' etcMon, 05 Aug 2013 10:06:34 -0500