Allelujah for compounding... tennis betting success story

[kelpie]

Tennis Quant’s System Doubles His Money Without Knowing Players

http://www.bloomberg.com/news/2014-01-1 ... id=markets

- 100% pre-play positions
- relies on an algorithm
- 30 bets/day
- books via Pinnacle
- up to 30k on some matches


Key quote: "He said he aims for a 2 percent return on the total amount he bets each year, implying that wagers totaling $5 million would bring $100,000 in profit. The annual amount bet can greatly exceed the starting sum as money is constantly re-bet. The 43-year-old said it is possible to double his starting capital in a year through compounding."

[PeterLe]

Seems like the guy in the narrative has a blog :-

http://elihufeustel.blogspot.co.uk

So if Tennis is your thing, might be worth checking it out?

[EyePeaSea]

That is interesting. And it now means I have a name for my approach. I'm a quant. (please don't say that whilst drunk).