Value Betting model

[Euler]

People who say it can't be done, in the face of contradictory evidence, won't ever do it. It's a self fulfilling prophecy. Data science is more about proving you're wrong rather than proving you're right and if you don't have that capacity/humility then you're wasting your time.

This is 200% my experience of my entire career and pretty much everything I've done, but especially what I do now.

[Euler]

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

Honestly, you can do 99% of what you need in Bet Angel with its automation. It's even got its own API if you are a coder.

[Euler]

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

This is where you're going wrong. If you have a small edge and replicate over a large number of markets, that edge will play out very quickly. It will mean that, on a daily basis, you'll have winning and losing days. On a weekly basis, you'll have weeks that may not win. On a monthly basis, even if you have a small edge played out across many, many markets, it's unlikely you will have a losing month. If you do that for any length of time, you will be a millionaire

[Euler]

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 ?

I'd highly recommend it, esp with your coding skills
I've learned so much these last few years and whilst these guys wont give you any alpha, they will help and give general advice
The best part about it, is that everyone has a VERY positive mindset and 6 fig PL are common, even a few 7 fig

It's for this reason that I often think we should do a Bet Angel meetup, because there are loads of 7 fig Bet Angel users. If we did a meetup, I'm sure it would be great for all of them to just sit and chat to each other about many things. Trading can be a lonely business.

I tend to meet up with a lot of Bet Angel users, but ad-hoc and at random, so I think a general regular gathering would be a good idea. I always enjoy meeting others.

[Euler]

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 know you and your cohorts are focussed on automation, but I think you're all missing a trick by not getting your hands dirty with some manual stuff now and again. There's lots of opportunities there, as well as the automated side of things.

A majority of my stuff is automated now, but I still trade manually, especially when something like Cheltenham is coming up. There are just so many opportunities in the markets in many different places.

[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.

I know you and your cohorts are focussed on automation, but I think you're all missing a trick by not getting your hands dirty with some manual stuff now and again. There's lots of opportunities there, as well as the automated side of things.

A majority of my stuff is automated now, but I still trade manually, especially when something like Cheltenham is coming up. There are just so many opportunities in the markets in many different places.

Personally I know manual trading is not for me, a few months losing money back when I first started was enough for me to move into automation where I was able to quantify what I was doing wrong.

Interestingly 4/5 years ago there was a decent handful of newbies coming in and making decent money, that has dried up. I assume the low friction crypto exchanges and now prediction markets hasn’t helped.

[tico]

quote know you and your cohorts are focussed on automation, but I think you're all missing a trick by not getting your hands dirty with some manual stuff now and again. There's lots of opportunities there, as well as the automated side of things.

A majority of my stuff is automated now, but I still trade manually, especially when something like Cheltenham is coming up. There are just so many opportunities in the markets in many different places.
Top

Gold dust absolute Gold dust!!!!.
Regards
Tico

[goat68]

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.

I went on holiday to the Caribbean last December for 2 weeks, when I got back my bots had paid for a good chunk of it while I was away

[goat68]

It's for this reason that I often think we should do a Bet Angel meetup, because there are loads of 7 fig Bet Angel users. If we did a meetup, I'm sure it would be great for all of them to just sit and chat to each other about many things. Trading can be a lonely business.

I tend to meet up with a lot of Bet Angel users, but ad-hoc and at random, so I think a general regular gathering would be a good idea. I always enjoy meeting others.

7 fig "profit/year" ? that's £1m/year, or about £2.7k every day in profit
I think I know 1 Flumine person who maybe makes > £1m "profit"/year, but obviously most don't let on about actual figures... and I only know a dozen or so, so who knows...