Tuesday, February 03, 2009

End of Sports Betting Experiment

Well, it was fun and somewhat educational while it lasted, but my sports betting experiment is over as of today. The meta-system suffered a bad streak going a miserable 25-39-0. The final tally is that I'm up 0.9 units, and sides/totals won at an unprofitable 51.2%.

Now, I'm confident that the idea of a meta-system that effectively weights 'winning' sports bettors has merit. However, the problem is an obvious one... figuring out which sports bettors are winners is probably just as difficult as handicapping the games.

I will probably give it another go in the future, but for now I'm going to stop, as it started taking up a bit too much of my time. At least I got to make use of the TV a lot more, heh. Another thing is that if I do give it another go, I will probably go tighten up my criteria so as not to put on so many plays each day. I think I was averaging 6 plays a day. Also, it seems that playing only the absolutely best rated plays and flat betting them would have been superior (in hindsight) seeing as there was still a little bit of profit even with only 51.2% win rate.

Anyway, that's all for now.

1 comment:

Emily said...

Hi

My name is Emily Walker. I've just visited your website and I was wondering if you'd be interested in exchanging links with my website. I can offer you a HOME PAGE link back from 2 of my Gambling Guide websites which are:

http://anthonygreenmusic.com/ with page rank 5
http://itcontrolling.info/ with page rank 2

If you are interested, please add the following information to your
website and kindly let me know when it's ready. I'll do the same for
you in less than 24 hours, otherwise you can delete my link from your
site.

Title: Horse Betting
URL: http://www.freebettingonline.co.uk/Horse-Racing-Betting/
Description: View all the latest horse racing information online.



I hope you have a nice day and thank you for your time.

Best regards;

Emily Walker
emily.walker@anthonygreenmusic.com
Web Marketing Consultant

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