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Pricing Competition
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Posts: 63 (06/21/05 02:12:12) |
I know a lot of info has gone from here, so might as well get it going again.
I have an idea for how you can easure the odds. In theory the best prices woud produce a 0% yield no matter what selection you bet on from all of your prices. This would be over a large amount of gaes of course. A season is quite a decent sample size, not perfect but better than a 50 game sample. If you break each game down into the 3 outcomes it makes the sample even bigger. So my idea is that you gather results by assuming that there is 1 unit bet on every outcome. Unfortuantely I dont know the best way to process that data, my thinking would be to have ROI% for each outcome, Home draw and away, then the person with the lowest variance from 0 over the 3 different outcomes would have the best prices. Is this a viable option? JT |
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