11th January 2012, 10:14 PM
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Member
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Join Date: Jan 1970
Posts: 696
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Quote:
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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 ?
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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". |