RacestatApp

A place to discuss anything.
Post Reply
humanoid769
Posts: 96
Joined: Fri Nov 09, 2018 11:22 am

Hi All

Does anybody use this? They have just implemented an Autoscore to the system and there are some good comments being made.. what do you guys think?

Tony
User avatar
megarain
Posts: 2133
Joined: Thu May 16, 2013 1:26 pm
Contact:

Haven't used it.

I did sign up for a while, maybe a year ago, but pretty soon got bored.

Requires or at least required plenty of time dedicated to it - so, having a short attention span, it was maybe my fault.

Not inclined to relook at it.
User avatar
Euler
Posts: 26434
Joined: Wed Nov 10, 2010 1:39 pm

I think it's all based on historical Betfair data isn't it?
Anbell
Posts: 2395
Joined: Fri Apr 05, 2019 2:31 am

As far as I can tell, the app is based on logic such as: 'the 7th favourite has won the 4th race at this meeting twice in the last 10 years so you should back the 7th favourite today in race 4'
sionascaig
Posts: 1637
Joined: Fri Nov 20, 2015 9:38 am

User avatar
Euler
Posts: 26434
Joined: Wed Nov 10, 2010 1:39 pm

I'd forgotten about that. Not the smartest way to promote a product especially with a forum full of seasoned pro punters & traders.

If it's based on BSP it's flawed, and people can down that data themselves anyhow. I guess there is value in packaging it. But I can't see a use for the data.
Atho55
Posts: 678
Joined: Tue Oct 06, 2015 1:37 pm

Need more than a pinch of salt to take that "with a forum full of seasoned pro punters & traders."
User avatar
Derek27
Posts: 25159
Joined: Wed Aug 30, 2017 11:44 am

Reminds me of the back page of the Sporting Chronicle Handicap Book, later to become Raceform Update, where people would write in their ideas on how to beat the bookie. Pure comedy. :D
User avatar
decomez6
Posts: 695
Joined: Mon Oct 07, 2019 5:26 pm

Euler wrote:
Sat Aug 27, 2022 11:52 am

If it's based on BSP it's flawed

hi peter, :)
watched the clip
https://youtube.com/clip/Ugkx3eYqvpDQD- ... RTznAL5rYX
how Bsp is calculated ?
Q.
if Bsp is calculated 5 to 6 sec after the start of an event and-- the final value includes valuable IN-play data .

a) correct me if I'm wrong , .... this should then result in an artificially manipulated BSP, which is Extremely Efficient ?

b) say there is a way to measure the manipulation with the intent to adjust the final BSP value accordingly , would you still hold the position of BSP being flawed.

c) ruling out any value in BSP or you are only against how its packaged and used ?


my take :
a data base with valuable info and its well maintained and cleaned up , is worth paying for....especially for those of us that are not experts in the field .

keeping personal data and making sure everything is up to date , is time consuming .
with a learning curve that won't necessarily guarantee accuracy of the final results.

24/7 accessible Database , from any computer, with fast uploads and great Dashboards is worth every penny , i would say .
User avatar
ShaunWhite
Posts: 10498
Joined: Sat Sep 03, 2016 3:42 am

BSP doesn't include any Inplay element. Strategies based on BSP are flawed due to the accuracy of BSP generally. You can't beat the benchmark by using the benchmark.
User avatar
ShaunWhite
Posts: 10498
Joined: Sat Sep 03, 2016 3:42 am

decomez6 wrote:
Sat Aug 27, 2022 1:44 pm
24/7 accessible Database , from any computer, with fast uploads and great Dashboards is worth every penny , i would say .
Data isn't worth a damn if it can't be turned into useful information. Does it allow randomised samples with correlation to out of sample data? If not its just back fitting.
jamesg46
Posts: 3771
Joined: Sat Jul 30, 2016 1:05 pm

ShaunWhite wrote:
Sat Aug 27, 2022 2:03 pm
BSP doesn't include any Inplay element. Strategies based on BSP are flawed due to the accuracy of BSP generally. You can't beat the benchmark by using the benchmark.
Wonder how this is getting on,

https://twitter.com/betangel/status/155 ... tXUB5nsqrQ
User avatar
decomez6
Posts: 695
Joined: Mon Oct 07, 2019 5:26 pm

accuracy ?
objectively ? one could correct the in efficiency caused by artificial interference , hence come up with a valuable strategy.... ONLY if one knows what should be accurate.
User avatar
decomez6
Posts: 695
Joined: Mon Oct 07, 2019 5:26 pm

ShaunWhite wrote:
Sat Aug 27, 2022 2:09 pm
decomez6 wrote:
Sat Aug 27, 2022 1:44 pm
24/7 accessible Database , from any computer, with fast uploads and great Dashboards is worth every penny , i would say .
Data isn't worth a damn if it can't be turned into useful information. Does it allow randomised samples with correlation to out of sample data? If not its just back fitting.
hi shaun :)

agreed !

what if you know all that and have access to the same data , with the right approach .
User avatar
Euler
Posts: 26434
Joined: Wed Nov 10, 2010 1:39 pm

Atho55 wrote:
Sat Aug 27, 2022 1:06 pm
Need more than a pinch of salt to take that "with a forum full of seasoned pro punters & traders."
You don't consider yourself in that group?
Post Reply

Return to “General discussion”