
8th September 2005, 02:03 PM
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Member
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Join Date: Sep 2005
Posts: 1,601
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Advice required : Am I testing my system correctly?
Hi,
I am new to all of this and had a couple of questions which I hope you can answer.
1. When do you know the system is good enough to use ?
2. How many races are acceptable for testing before using a system ?
I am just asking as I have been testing a system I devised. It was based on analysis of races over a 1 month period ( back with 2003 data )
I then ran the system over various time frames in the future ( During 2004 and 2005) and it has performed well.
Is this how I should be testing systems ? (ie I have not back fitted to the best combination over the last few years).
Without giving away too much detail on the system, the figures it has produced are :
These figures are based on an even staking plan of 1% of bank per race.
Avg bets per week : 15
WIN strike rate : 43%
Avg WIN POT % : 21%
Place strike Rate : 82%
Avg place POT % : 39%
I have tested this manually on over 500 Bets at different time frames (different months, years )
Should I start to use the system live ? Or do I need more testing. My inital estimate for testing was 1000 bets but since I do this manually it can take forever to input all of the required data. Another 500 bets could take me 2-3 weeks input.
Also is there any other way I should be testing ? I thought taking the system over various timeframes would be the best way before running it live.
Any advice would be appreciated.
Thanks
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