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Old 21-04-2008, 15:59
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Re: Rugby Union, France, Top 14.

Agreed nothing wrong taking shorter odds (or longer) provided there is value, but if you're varying the odds then 'strike rate' becomes somewhat moot.

There is a certain amount of chance in the outcome of every game, so no system can ever be exact, all you can do is seek to minimize the error. I haven't analyzed in detail what the average bookies error is when you compare the handicap to the actual margin, but I know on my 'machine' it is of the order of 7 points. I'll then finesse the predictions with my own thoughts based on information not taken into account by the 'machine' - e.g. is a lineup weak, or is a match extra important for one side but not the other etc. Sometimes that works (e.g. Bath Worcester - machine said Bath by 0.7, but I took Bath -2 - margin was 3 points) and sometimes not - e.g. Leicester-Bristol (Machine said Tigers by 12.1, I went Tigers -20 and margin was 18). In both of those the bookies were closer than the machine, but in others they weren't - e.g. the machine had London Irish by 6.5 (actual margin 7, bookies said 4) or Edinburgh-Leinster (machine had Leinster 1.9) - bookies had Leinster -6 (actual maring was Edinburgh by 2)
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