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General Betting
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19 May 10
20:39
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Date Joined:
10 Jun 06
after how many instances would you be confident a system had a genuine edge not significantly removed from what it was currently showing?
assuming level stakes and that all bets were in roughly the 1.5 to 4.0 range?
assuming level stakes and that all bets were in roughly the 1.5 to 4.0 range?
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Minimum 1,000
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charts are great for this sort of thing, unless you're a maths boffin and can do standard deviation calculations in you head.
chart your profit/loss and you'll see trends and deviations from the mean and then you'll be able to make a lay mans guess at what you're asking |
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100 TO TO A THOUSAND BETS SUPPOSE U COULD BACK TEST BUT IM CURRENTLY TESTING A SYSTEM BUT WILL PROBABLY TEST A 100 TIMES OR 100 TRIAL BETS AND WHILE UR TESTING U CAN SPOT THINGS THAT ARE CONSTATNTLY GOING ON OR NOT GOING ON LIKE IF U SPOT SOMETHING THATS MAKING UR OUTCOME SYSTEM LOSE THE N CHANGE AND REMEMBER ONE THING NO MATTER HOW COULD A SYSTEM PATIENCE AND DISCIPLINE IS A KEY MAKE PATIENCE AND DISCIPLINE PART OF YOUR SYSTEM DONT BET CUZ UR BORED IF YOUR BORED PLAY PS3 OR SOMETHING WATCH A RACE
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cheers guys. all further opinions gratefully received.
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Go to SmarterSig and find the magazine with the article on ARCHIE, this shows you how to test for confidence
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Its in December 2009 edition
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thanks joshuag. will have a read.
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