Where do you take this graph? Is a tool in Bet angel?ruthlessimon wrote: ↑Sat May 19, 2018 3:40 pmIP is basically price. An x IP% steam, see's a back entry.arbitrage16 wrote: ↑Sat May 19, 2018 11:12 amHi - what is IP%?
Also, to the untrained eye this looks like you are revealing an edge that could be automated - am I missing something?
It could be automated. However, a time-based strategy (literally "back at x mins"); is almost as profitable as the vol based one - because it's a guaranteed trade every single race. More bumpy equity curve, but more trades. I cannot yet fathom why a time-based strategy should be so profitable. Before I did the experiment, I predicted that the time-based trade should be the least profitable - because it's random! There's no skill to backing at x mins!
the weight of money
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- ShaunWhite
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It's from Excel, fed with BA basic data, and then many many hours of work thinking of new ideas and testing them out. It's not a 5 minute job. Simon puts in more hours than a junior doctor.
It's a good way to visualise the trading landscape. Is this the Amalfi coast or an afternoon's racing?
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ShaunWhite wrote: ↑Wed Jun 20, 2018 1:06 pmIt's from Excel, fed with BA basic data, and then many many hours of work thinking of new ideas and testing them out. It's not a 5 minute job. Simon puts in more hours than a junior doctor.
It's a good way to visualise the trading landscape. Is this the Amalfi coast or an afternoon's racing?
I really can't understand the purpose of that chart and how can it be useful... could you explain? Wihtout using complicated things like IP? (What's IP)?
Basically is it a price per volume history chart?
What is that?
- ShaunWhite
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My chart is just a pretty picture that I don't want to explain. Just an example of playing with excel to visualise large sets of data.
You'll have to get Simon to tell you what his is. X axis is race number and the Y axis is P&L.
IP isn't complicated. It's implied percentage. Odds/100
Eg if odds = 4.00 : implied percentage chance of winning = 25%.
Flip the calculation to get odds from the chance% Eg 16% chance, odds should be 100/16. (6.25)
You'll have to get Simon to tell you what his is. X axis is race number and the Y axis is P&L.
IP isn't complicated. It's implied percentage. Odds/100
Eg if odds = 4.00 : implied percentage chance of winning = 25%.
Flip the calculation to get odds from the chance% Eg 16% chance, odds should be 100/16. (6.25)
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thank youShaunWhite wrote: ↑Wed Jun 20, 2018 6:43 pmMy chart is just a pretty picture that I don't want to explain. Just an example of playing with excel to visualise large sets of data.
You'll have to get Simon to tell you what his is. X axis is race number and the Y axis is P&L.
IP isn't complicated. It's implied percentage. Odds/100
Eg if odds = 4.00 : implied percentage chance of winning = 25%.
Flip the calculation to get odds from the chance% Eg 16% chance, odds should be 100/16. (6.25)
Could you tell me in pm what is that graph?
- ShaunWhite
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I wouldn't even tell my own mother what that chart is.
It would give away a clue to something I've put a LOT of time and
effort into.
Have you been enjoying the football?
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ShaunWhite wrote: ↑Wed Jun 20, 2018 7:17 pmI wouldn't even tell my own mother what that chart is.
It would give away a clue to something I've put a LOT of time and
effort into.
Have you been enjoying the football?
No.
Could you suggest at least a good broker platform for non english bettors?
- ShaunWhite
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I don't know any because I've never needed one.
Aren't there any Italian betting forums you can ask on? People in your local betting shop?
Aren't there any Italian betting forums you can ask on? People in your local betting shop?