Quote Originally Posted by jrivers:
I think I echo a good portion of people, 24 games in one day is too many for any system.
Somewhere in this thread I read about betting $100 on every game was up $2500+
Today alone on that line of thinking you had to win 13 of 24 games at $110-$100 to win $80.
Meaning you put $2,640 in action to net $80 if you won 13 of 24.
Through 22 games today, I've talled it to be 6-15-1 or 6-16 depending on the line you got with the push which became a loss.
That's a loss of -1160 at a 6-16 rate.
Part of the problem I see is that multiple people are coming up with games and some match, some don't and there's a sense of confusion of what should/shouldn't be in the mix.
What happens when a line moves, should I play second halves, what if, etc etc etc...
I'll state again, I would never use Covers for the 65% ratio. It's too small of a sample and it's people paying to play in contest pools.
I'd much rather use real live betting samples from multiple sportsbooks that people actually wager real $ to get a % number.
I would use Pinnacle openers as a test run against Betonline and then and then only use the games that match the system.
I would look to redefine what constitutes a play or not and you must take into account the line move. Lines move for a lot of reason, late scratches or steam action. You can't just go by an opening number to make a selection.
This would never apply for NFL or NCAA Football. You have to use the current line because that's what people are going to be betting on. If the opener was -10 and was a play, would it still be a play at -12 or -13? If you were taking +10 would it be a play at +7 or +7.5
I like the concept so don't think this is a bash because it's not. I see it as a viable option to use but not a 100% basis to place hard earned $ on blindly.
I would get a free blog site and outline the entire thought process behind this and let's work on tweaking it. It's very hard to go back to other posts and mix/match up posts to figure out what should/shouldn't be done because too many people are adding input or answering and who knows if it's right or wrong. Truly only beaverfan knows 100% as it appears his system he came up with.
I think everyone elses role is to evaluate, tinker and recommend tweaks and changes to:
A. Clearly define the process from start to finish. In other words what do you need, how do you calculate and how are you calculating.
B. Try different parameters to lower the number of games played and increase the probabilty of winning based on said parameter testing.
C. Create a spreadsheet that anyone can either download, view and change the data to tweak. I don't know if anyone knows how to use excel and export the data from different websites but that's the easiest way without someone manually doing the transfer of data, plus you can hit one button to update the data anytime you want.
I am not trying to hijack the topic or the concept, I am not a tech person but strong with math and as I said can see some value in this but I see a lot of opportunity for tweaking. Appreciate beaverfan for putting this out there and all those that contribute to help move it forward.
jr
Many good points jr. As i have said before, I am open to any tweaking, but I am no going to change the system parameters without statistical evidence that the changes will improve it.
I know that today was very confusing...and I am sorry to all that I wasn't able to just post all of the plays to avoid all the confusion this morning. I think I made everything a bit more simple by just making the covers opener the official opening line for the system.
I have looked at many live bet % websites and the numbers are all different and sometimes VERY different...this tells me that they are NOT accurate. There is no way to know a truly accurate percentage of public bets, there are so many people better through locals and others. Covers contests have been a filter in my opinion and I will continue to use that until someone can give me a good reason to change.
We have hit roughly 56% of our bets for the season...why would we not want more plays? I understand that the "toward" movement plays have not been as profitable which I why I have tried to filter out some of them by altering the "large difference" criteria.
If someone has the knowhow to create a spreadsheet for us that would be great. I don't know enough about excel to make that happen.
Thanks for the input jr