OZmium Sports Betting and Horse Racing Forums

Quote:

Originally Posted by UselessBettor

Woof,

Once I have these two things I plot them on a scatter plot. By doing this with two different colour sets (say red and blue) I will visually be able to see clusters of where certain categories do deviate from the expected odd distribution.

Based on this clustering I should be able to find profitable situations that long term will be profitable ?

Is this right ?

Yep that's right.
But
Your results from this first step, will show how people tend to make wagering mistakes within the clusters boundaries.

You need to take real advantage of your wagering knowledge, by applying effective handicapping techniques to the clusters and then learn how to handicap each cluster effectively.
You will then know why races are different and you will have designed workable methods from first principles and not by "try it and see".