Chat GPT & Generative AI tools

A dedicated space to explore and discuss how cutting-edge technologies are reshaping sports trading and betting strategies. Collaborate on innovative ideas, and stay ahead of the curve in a rapidly evolving landscape.
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Realrocknrolla
Posts: 1910
Joined: Fri Jun 05, 2020 7:15 pm

danielee wrote:
Thu Jul 13, 2023 8:09 pm
I tried writing e-mail messages using chptGPT, but I didn't like it. It writes too primitive I think. Or maybe I just didn't understand how to use it
Yes there is definitely a Knack to it. It's all about the prompts. You can ask it to humanize it. You can even ask it to talk like a cockney if you wish
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Euler
Posts: 26245
Joined: Wed Nov 10, 2010 1:39 pm

ShaunWhite wrote:
Fri Jul 14, 2023 1:06 am
Trader724 wrote:
Thu Jul 13, 2023 11:55 pm
An NLP is only as good as the prompter.
There is a compelling argument for enhancing sentence construction and vocabulary within the school curriculum. If people aren't unable to articulate their thoughts concisely, they won't fully benefit from it.

It's like y'know garbage in and man dem get it back yeah, you get me init.
I agree, prompt engineers are the job of the future. If you ask the right questions you can get some really good answer, but it is a case of GIGO.
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Euler
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Realrocknrolla wrote:
Thu Jul 13, 2023 7:42 pm
https://www.youtube.com/watch?v=i0tzkuq ... 7pWMlyV4p-

1. **Introduction (00:00 - 01:08)**: The presenter begins by acknowledging that Betfair trading can seem complicated due to the many factors to consider, such as predicting the direction of the market, deciding when to open a trade, and whether to back or lay first. He then introduces the strategy he will discuss, which he claims is simple to understand and execute, and doesn't require guessing the market direction.
Was that Bard as well?
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ShaunWhite
Posts: 10374
Joined: Sat Sep 03, 2016 3:42 am

Realrocknrolla wrote:
Thu Jul 13, 2023 7:42 pm
"The aim is to get both trades matched quickly."
It's all very clever but why is it calling individual bets "trades'?
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Realrocknrolla
Posts: 1910
Joined: Fri Jun 05, 2020 7:15 pm

Euler wrote:
Fri Jul 14, 2023 11:13 am
Realrocknrolla wrote:
Thu Jul 13, 2023 7:42 pm
https://www.youtube.com/watch?v=i0tzkuq ... 7pWMlyV4p-

1. **Introduction (00:00 - 01:08)**: The presenter begins by acknowledging that Betfair trading can seem complicated due to the many factors to consider, such as predicting the direction of the market, deciding when to open a trade, and whether to back or lay first. He then introduces the strategy he will discuss, which he claims is simple to understand and execute, and doesn't require guessing the market direction.
Was that Bard as well?
No just ChatGPT with a plugin.
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Realrocknrolla
Posts: 1910
Joined: Fri Jun 05, 2020 7:15 pm

ShaunWhite wrote:
Fri Jul 14, 2023 12:07 pm
Realrocknrolla wrote:
Thu Jul 13, 2023 7:42 pm
"The aim is to get both trades matched quickly."
It's all very clever but why is it calling individual bets "trades'?
Unsure, I didn't further it. It's very good at taking instructions and you correcting it. From then it wont do it again.
arch4672
Posts: 51
Joined: Sat Feb 20, 2021 8:40 pm

ShaunWhite wrote:
Fri Jul 14, 2023 12:07 pm
Realrocknrolla wrote:
Thu Jul 13, 2023 7:42 pm
"The aim is to get both trades matched quickly."
It's all very clever but why is it calling individual bets "trades'?
It's an individual bet to you, but there's someone else on the other side of that bet, so you're trading with them.
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ShaunWhite
Posts: 10374
Joined: Sat Sep 03, 2016 3:42 am

arch4672 wrote:
Fri Jul 14, 2023 11:19 pm
ShaunWhite wrote:
Fri Jul 14, 2023 12:07 pm
Realrocknrolla wrote:
Thu Jul 13, 2023 7:42 pm
"The aim is to get both trades matched quickly."
It's all very clever but why is it calling individual bets "trades'?
It's an individual bet to you, but there's someone else on the other side of that bet, so you're trading with them.
It's semantics, even on Betfair there's no "trade history'. Two bets are two bets not a 'trade'.

It sounds pedantic but 1 back might be balanced with 10 lays, and very few people ever do backs and lays in pairs. They bet multiple times then may or may not hedge. Which of those are grouped together as "trades"?

Trading is the name of the betting method/system/strategy not the bets themselves.
arch4672
Posts: 51
Joined: Sat Feb 20, 2021 8:40 pm

ShaunWhite wrote:
Sat Jul 15, 2023 10:27 am
arch4672 wrote:
Fri Jul 14, 2023 11:19 pm
ShaunWhite wrote:
Fri Jul 14, 2023 12:07 pm

It's all very clever but why is it calling individual bets "trades'?
It's an individual bet to you, but there's someone else on the other side of that bet, so you're trading with them.
It's semantics, even on Betfair there's no "trade history'. Two bets are two bets not a 'trade'.

It sounds pedantic but 1 back might be balanced with 10 lays, and very few people ever do backs and lays in pairs. They bet multiple times then may or may not hedge. Which of those are grouped together as "trades"?

Trading is the name of the betting method/system/strategy not the bets themselves.
Yes, I agree. They're all just bets.
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ShaunWhite
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Joined: Sat Sep 03, 2016 3:42 am

arch4672 wrote:
Sat Jul 15, 2023 5:45 pm
Yes, I agree. They're all just bets.
I get as bored as everyone else reading me say that... Again :D

Trading is a betting strategy comprising of, and it's no great surprise, bets. I'd just expect the most advanced AI mankind has created to know it. ;)
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Euler
Posts: 26245
Joined: Wed Nov 10, 2010 1:39 pm

You open and close a trade, that's a process. To do that you place two bets.
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Trader724
Posts: 576
Joined: Fri Dec 27, 2019 11:22 pm

A trade is an exchange of something. On Betfair Exchange it can only be an exchange of bets and therefore any bet on BE is a trade.
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Bobajob
Posts: 184
Joined: Sun May 21, 2023 9:13 pm

Euler wrote:
Sat Jul 15, 2023 7:42 pm
You open and close a trade, that's a process. To do that you place two bets.
Yes, at least one 'back' bet and one 'lay' bet on the same horse, greyhound, team, tennis player etc etc
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ShaunWhite
Posts: 10374
Joined: Sat Sep 03, 2016 3:42 am

Bobajob wrote:
Sat Jul 15, 2023 9:09 pm
Yes, at least one 'back' bet and one 'lay' bet on the same horse, greyhound, team, tennis player etc etc
Now it's getting tricky Bob :)

You could back a team to be relegated and also back them in a game as a 'trade'. If for instance winning the game wouldn't be likely to save them (game win pays out but releg doesn't drift) but losing the game would mean they're in trouble (game bet loss and releg shortens). Throw in the CS and OU markets too and a 'trade' gets a lot fuzzier.

That's why I prefer 'trade' as an activity, ie having the ability to buy or sell, rather the name for pairs of opens & closes or even being limited to the same market or selection.
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Bobajob
Posts: 184
Joined: Sun May 21, 2023 9:13 pm

ShaunWhite wrote:
Sun Jul 16, 2023 2:52 am
Bobajob wrote:
Sat Jul 15, 2023 9:09 pm
Yes, at least one 'back' bet and one 'lay' bet on the same horse, greyhound, team, tennis player etc etc
Now it's getting tricky Bob :)

You could back a team to be relegated and also back them in a game as a 'trade'. If for instance winning the game wouldn't be likely to save them (game win pays out but releg doesn't drift) but losing the game would mean they're in trouble (game bet loss and releg shortens). Throw in the CS and OU markets too and a 'trade' gets a lot fuzzier.

That's why I prefer 'trade' as an activity, ie having the ability to buy or sell, rather the name for pairs of opens & closes or even being limited to the same market or selection.
If it had been an exam question my answer would have probably scraped an 'A' '' However, your answer would have been given 'A*'. Your detailed answers much appreciated
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