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19-03-2009, 22:46
| #1 (permalink) |
| Newbie Punter Join Date: 19 Mar 2009
Posts: 9
|  Historical analysis for new betting system This is my first post so bare with me! I am researching a new system for sports betting. I am looking at a low risk minimal return stategy (over/under) looking at Amercian sports since they play lots of games everyday. What sort of return on investment % (yield) figure would you think is decent and sustainable for a low risk minimal return strategy? Also, without me doing much leg work... how much historical data should I be getting to to figure out if this is worthwhile pursuing? 100 games, 500, 1000+? |
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20-03-2009, 16:39
| #2 (permalink) |
| Pro Punter   Join Date: 23 Oct 2003 Location: Westdorpe Age: 44
Posts: 6,360
| Re: Historical analysis for new betting system  ricassWhat do you mean by "low risk minimal return strategy" ?
__________________ If you stay in the game long enough, you'll see everything, win everything, and lose everything. |
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20-03-2009, 17:18
| #3 (permalink) |
| Shrewdie Punter  Join Date: 08 Oct 2006
Posts: 509
| Re: Historical analysis for new betting system The margin of error can be calculated from the formula 1/SquareRoot(No of Samples) So if you had 100 games you margin of error would be +/- 10% For 1,000 games this will drop to around +/- 3% Kevin |
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