Backtesting a strategy on the O/U goals markets

[arbitrage16]

Hi guys,

If I have a couple of strategies I want to test on the Overs markets for 0.5, 1.5, 2.5 goals markets - what is the best way of testing these?

Would it be live testing in practice mode? Or is there a way of testing the strategy over markets that have already taken place.

thanks!

[ShaunWhite]

Would it be live testing in practice mode? Or is there a way of testing the strategy over markets that have already taken place.

"Backtesting" is testing against historical data using something like Excel. Live or Practice mode is just regular testing.

[xitian]

To test on historical matches, you either need to be able to program or hire a programmer you trust. Are you hoping to bet pre-game or in-game?

Testing in a simulation mode is fine, but it would take time to confirm whether your strategy works or not (as opposed to just back-testing over 3 months of historical games, say). Also tweaking your strategy and knowing its effect is hard to do using live simulation. With back-testing you can tweak a strategy and then re-run over the same 3 months of data to see what difference it would have made. With live simulation you're always using new data so you can't really answer the "what-if" questions.

[arbitrage16]

thanks for responses. I have used other software in the past but it's incredibly clunky to use and I was hoping there might be a better alternative out there.

otherwise I think it'll be testing out some strategies in demo mode, but as you say, it's a fairly slow process to find games that will fit my criteria

[ShaunWhite]

I was hoping there might be a better alternative out there.

You won't find better than BA
Try and get into Excel, the stuff you can do with Excel<->BA is really cool. Collecting data, analysing results, triggering bets etc.

it's a fairly slow process to find games that will fit my criteria

It'll be even harder soon. Although I've heard there's a little kickabout in Russia soon that might be worth a look