Assuming you have an edge, at what point can you start accurately evaluating your results and say that variance has played out? Is there an amount of turnover or number of bets?
Assuming you have an edge, at what point can you start accurately evaluating your results and say that variance has played out? Is there an amount of turnover or number of bets?
We have conducted an analysis of all our customer data up to September 16, 2019. We analysed customers’ average ROI, profits, turnover and lots more based upon the number of trades they have placed. Here is what we thought were the most interesting and important statistics that came out of it.
Over a small number of bets, luck can play a huge role in your betting success. Which is why it’s important to not just base your success on whether a bet won or lost, but to look further at other metrics. So, for question three, we asked the experts: Q3: How do you determine whether your betting results were caused by skill or luck?
Over a small number of bets, luck can play a huge role in your betting success. Which is why it’s important to not just base your success on whether a bet won or lost, but to look further at other metrics. So, for question three, we asked the experts: Q3: How do you determine whether your betting results were caused by skill or luck?
Over a small number of bets, luck can play a huge role in your betting success. Which is why it’s important to not just base your success on whether a bet won or lost, but to look further at other metrics. So, for question three, we asked the experts: Q3: How do you determine whether your betting results were caused by skill or luck?
This article analyses how implied edges and number of bets affects different aspects of a betting history given the fractional Kelly staking strategy - in particular the expected fund growth and profit align with the probabilities of going bankrupt and of obtaining no profit.
While a mysterious concept to many, variance is an essential part of the game and a key element in our betting software.
This video explains variance in sports betting and trading. Understanding variance is key for any bettor with a goal of becoming a professional sports bettor and doing sports betting for a living. It is hosted by Marius from Trademate Sports.
Over time we have released various videos and articles showing people’s experiences with Trademate Sports, along with hard-form statistics that prove the Trademate Sports software is profitable.
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