Value Betting model

[ForFolksSake]

I was invited out to dinner last night by a Bet Angel user that's been doing very well, and I know there are lots that are doing well.

Your stance is far too negative. Your role really is to look for opportunities, not to find problems, because it's very easy to find problems.

I dont dispute there are people who use BA and other similar software and profit from it .Part automation especially for dutching (where there is a lot of money to be made) is essential .But 100% full blown press the button and go on holiday come back to a fortune (or even 2%) automation to me is just a myth.One thing that does annoy me however is the idea that trading has a higher success rate that traditional betting or laying.The failure rate (of around 94%) is similar in all disciplines.
You quoted:
'Your role really is to look for opportunities, not to find problems, because it's very easy to find problems'....
Sorry but the whole thing about gambling is that almost everything is a problem ,there are few opportunities that exist without painstaking research and a lot of risk taking .It's not a walk in the park ,it never has been and it never will be.
You can only gain positivity ,once negative expectation has been tackled,and even then dont put your shirt on it.

... .... ‍

[ODPaul82]

but the final decision has got to be manual .

My football has been automated for numerous years.
Yes I have to login sometimes at a shitty hour but that's for my tennis research which is manual.

Tennis I could fully automate but I give up a bit of margin for tanking and injuries so I use it to alert me to profitable situations.

Just because you struggle with ineptitude in finding what works with automation doesn't mean it doesn't work for everyone.
I don't do Python, everything done with C# as I can do that as multi-threading whereas python is still out & out an interpreted language.

[tumby]

It wont !! I almost guarantee it. Automation and value seeking don't work simply because AI (and more primitive models that came earlier) cannot be subjective. It is the subjective element that dictates what value is .

I have to disagree with you. In 2019 I built some algos and let my system run 24 hours a day, 7 days a week. I have only experienced one negative month since then. My systems are fully automated. All I do is set up guardian when needed and click a button.

Are you saying that I've had a lucky run and it will revert soon? If so you are simply choosing to ignore the evidence. The fact that fully automated systems haven't worked for you doesn't mean they can't work for others. Its all about skill set and working out how to get the best performance out of your skills. I don't have the ability or knowledge to trade manually so I concentrated on what I am good at, building algos.

[tico]

I have to disagree with you. In 2019 I built some algos and let my system run 24 hours a day, 7 days a week. I have only experienced one negative month since then. My systems are fully automated. All I do is set up guardian when needed and click a button.

Are you saying that I've had a lucky run and it will revert soon? If so you are simply choosing to ignore the evidence. The fact that fully automated systems haven't worked for you doesn't mean they can't work for others. Its all about skill set and working out how to get the best performance out of your skills. I don't have the ability or knowledge to trade manually so I concentrated on what I am good at, building algos.
Top

OK so lets get this straight,you say you started off in 2019 .So let's say mid 2019 and you have had one losing month.So that is 78 months of automated success minus one losing month ,so you have had 77 months of straight success...so the inevitable question has got to be:
Are you a millionaire ?
Regards
tico

[tico]

I don't do Python, everything done with C# as I can do that as multi-threading whereas python is still out & out an interpreted language.
Top

Now that's an interesting statement .
I would agree that C# is better suited to (simple) multi-threading and CPU(parallel) work better than pythons own Cpython ,but I think it's a bit over the top to say that P is a 100% interpreted language,the assumption being that it can't handle concurrency is not wholly correct.Parallelism can be handled in many different ways with P but I agree it not as direct or straightforwad as C# and there may be a few speed issues.
I like C# ,but when datasets get gigantic I found Python (with Pandas ,NumPy and the like) can stream millions of rows better(even faster) But this all depends on how you want to use it and how you want to present and manipulate your databases.
I was told recently that I was a caveman for using Python !!
So I will take my hat off to you if you have managed to create a fully automated bot ,as you pointed out I may well not have the aptitude ,or perhaps more significently the faith

[ruthlessimon]

Most automation doesn’t work; but some does.

The question to ask is: Why should this continue to work?

[tumby]

Are you a millionaire ?

You have made a big assumption there about scalability. Part of designing and running an algo is understanding the impact it has on the market.

[tico]

Hi,
I would agree with the scalability issue,is your a dog/horse or footy system ?
I know the dogs is a liquidity mare ,Ive got enough systems on the dogs to sink a battleship but many of them require variable staking and large bets ,and you just can't get um on.
Regards
Tico

[LinusP]

Almost 14 years automated, average about 50k bets a day, haven’t tried placing a bet manually since 2013, come to a betcode meet-up if you want your eyes opened.

[sniffer66]

Almost 14 years automated, average about 50k bets a day, haven’t tried placing a bet manually since 2013, come to a betcode meet-up if you want your eyes opened.

I've literally just got hold of BF LIghtweight and Flumine. Just getting to grips with it - I'm using it for this strategy to get the hang of it. I'll try and get to a meet. London isn't it ?

[tico]

Almost 14 years automated, average about 50k bets a day, haven’t tried placing a bet manually since 2013, come to a betcode meet-up if you want your eyes opened.

betcode...never heard of it .Details please .I could do with some eyeopeners
Regards
Tico
PS
It's not this lot is it?
https://github.com/betcode-org