OZmium Sports Betting and Horse Racing Forums

OZmium Sports Betting and Horse Racing Forums (http://forums.ozmium.com.au/index.php)
-   Horse Race Betting Systems (http://forums.ozmium.com.au/forumdisplay.php?f=10)
-   -   More Testing (http://forums.ozmium.com.au/showthread.php?t=25681)

Vortech 7th December 2012 07:03 AM

More Testing
 
Just a quick question. Over the past 3 months I have tested a total of 1561 systems from the period 2008 through to 2010. Systems only passed the test if they profited in each year.

146 systems remained so I tested over 2011 and 2012.

Out of these 14 remain.

I've managed to source out a way to get more data going back to 2000.


Lucky dip part 2.

A. Pay the monies to get the data and test my 14 systems hold up. Does data from 2000 to 2007 merit any meaning to today's racing.

B. Start betting?


Selection sizes range from 89 through to 1021 and the Pot varies as you can understand.

Lord Greystoke 7th December 2012 07:26 AM

Lucky dip part 2.

A. Pay the monies to get the data and test my 14 systems hold up. Does data from 2000 to 2007 merit any meaning to today's racing.

B. Start betting?


Selection sizes range from 89 through to 1021 and the Pot varies as you can understand.




C. Offer a selection of the 14 to Joe P (>150 sample size?) - "tested over last 5 years" etc. Any bites - collect the $$$ and then buy the additional data

D. Offer any remaining systems that stack up over 10yrs as a Premium offering

E. send us a post card from Honolulu you sod!


LG

Lord Greystoke 7th December 2012 07:37 AM

PS Top system in each category might be marketed as System V (5 years results) and V+ (10y+)

Let them work out what the "V" means?

Lots of wedge, Mr V (and a coupla nice Hawai shirts thrown in)


LG

Vortech 7th December 2012 07:54 AM

LG your an ideas man thats for sure.

evajb001 7th December 2012 10:37 AM

Depends how much the data costs IMO, I purchased some NBA season data from a website from the past 6 years but only because it was cheap as chips and was formatted in excel exactly as I wanted.

I'd say data based on previous 3-4 years is getting close to enough so if you could source maybe 07 and 06 on top of that i personally believe that would be enough but others may have a better idea. Also i'd suggest you need more data for the systems that have had fewer selections over the last 3-4 years. Whereas the systems that have had more selections you probably need less additional data.

Not sure about your mentality towards systems but I like the idea of having something in play every 1-2 days even if it means my POT and ROI is lower then someone looking for the perfect winner twice a month or something. It's personal preference but thats just how I am, so that might help point you towards which systems you want to concentrate on and determine how much additional data you need.

The other idea is rather then purchase additional historical data is to actually forward test these 14 systems over the next say 3-4 months (if you have the time up your sleeve and not in a hurry).

Lots of options and paths you can go down, depends a lot on your mentality IMO. If it was me i'd probably start live betting them with small money but others would say thats a rubbish idea because its not proven against data you haven't used to create the system or test it. But thats just the gambler in me, i'd prefer to give them a shot that they work :).

Vortech 7th December 2012 10:46 AM

Thanks evajb001.

I was going to test the data over the next 6 months leading into the 2013.

Appreciate your comments

UselessBettor 7th December 2012 04:57 PM

Don't worry with more data.

Test with small stakes now. Who cares if it made a profit in 2000!!!!
You only care should be that its making a profit in 2013 as that is what matters.


All times are GMT +10. The time now is 03:53 PM.

Powered by: vBulletin Version 3.0.3
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.