The Punters Lounge - The World's Best Betting Forum - View Single Post - Creation of a "systems calculator" tool for Punters Lounge

Rushian · 24-09-2007, 08:36

I think it's a really good idea on a number of levels:

1. Comparison between the systems would be much easier in terms of key indicators (e.g. yield, strike rate etc) which could be produced both numerically and/or graphically for ease of use.

2. It would help to highlight the systems that have positive/negative results due to luck/chance from those that are indeed producing profits/losses consistently (based on some appropriate statistical criterion that I am sure people must be using). This could be calculated directly for any system submitted through "Sniffy".

3. It would also be helpful for the creators of systems to explore the performance of their systems and seek improvements. This is especially true if "Sniffy" could be dynamic in the sense that one could query the performance of each system based on some pre-determined parameters (e.g. how did a system perform for away picks with odds under 2.2 etc) This in effect would help highlight problematic/value bets of each system, and together with point 2, would suggest whether these bets were down to luck (variance) or consistently problematic/valuable.

Just my thoughts.

24-09-2007, 08:36	#16 (permalink)
Rushian Senior Punter Join Date: 12 Dec 2006 Posts: 140	Re: Creation of a "systems calculator" tool for Punters Lounge I think it's a really good idea on a number of levels: 1. Comparison between the systems would be much easier in terms of key indicators (e.g. yield, strike rate etc) which could be produced both numerically and/or graphically for ease of use. 2. It would help to highlight the systems that have positive/negative results due to luck/chance from those that are indeed producing profits/losses consistently (based on some appropriate statistical criterion that I am sure people must be using). This could be calculated directly for any system submitted through "Sniffy". 3. It would also be helpful for the creators of systems to explore the performance of their systems and seek improvements. This is especially true if "Sniffy" could be dynamic in the sense that one could query the performance of each system based on some pre-determined parameters (e.g. how did a system perform for away picks with odds under 2.2 etc) This in effect would help highlight problematic/value bets of each system, and together with point 2, would suggest whether these bets were down to luck (variance) or consistently problematic/valuable. Just my thoughts.