What do you reckon - is 58% hitrate (or better) over 1000 plays possible?
Has anyone ever achieved this? (reliable source and serious independent recording).
Cheers.
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Yes. That's my hit rate. Can only give you a sampling of recorded plays (about 100) at wagerline survivor under DarkHorse21. Also had a recorded 64% over NFL 2005 season, picking 7 games ATS per week; didn't come close this year. This year my approach was to up the number of games, because it's not about winning percentage, but about units won. But I got worn out and lost my edge for about a month. All about balance, and many ways to lose balance in this field. More interested in the nature of streaks these days than in exact winning percentages.
Last edited by Dark Horse; 01-17-07 at 06:26 AM.
SBR Founder Join Date: 12/14/2005
Yes.
Instead of using a 1000 play standard, which is somewhat arbitrary, you could use the Z-factor to determine the role of luck versus skill. Take the difference between wins and losses and divide by the square root of the sample size (wins plus losses). A Z-factor of 2 has a 5% chance of being result of luck. A Z-factor of 3 has only a 1% chance of being result of luck.
The question isn't really if it (58%) can be done, but if you can maintain the discipline over a lifetime. Many obstacles and challenges along the way. Ask me on my death bed.'
For the record, I couldn't care less about hitting 58%, and would much rather have more profit at 56%.
Last edited by Dark Horse; 01-17-07 at 06:53 AM.
SBR Founder Join Date: 12/14/2005
I'm not interested in convincing you (or anyone else), and you have nothing to gain from believing me. Probably shouldn't have shared this in the first place, but your question if it was possible seemed straight enough. (would you believe it if I told you I hit 39% last month over several hundred plays? - lol)
Winning percentage gives a player confidence to keep going after a bad year. It may also have some value in determining bet size, but beyond that it's an empty number. The key to gambling, at least to me, lies in understanding streaks. *twilight zone music* GL
Last edited by Dark Horse; 01-17-07 at 07:30 AM.
SBR Founder Join Date: 12/14/2005
Is 58% possible over 2,000 picks? Yes. Obviously it's possible.
Do I personally know of any handicapper that I could say with certainty has achieved this betting live lines? No, I personally don't.
Realize of course, that a 'true' 56% handicapper would still have a hefty 10.7% probability of hitting 58% or more over 1,000 trials, and a 3.7% probability over 2,000 trials. Not terribly likely, but certainly well within the realm of possibility for a 56% capper to achieve.
SBR Founder Join Date: 8/28/2005
If you want publicly posted plays, there's a guy posting as oskeim at statfox forum who's been hitting around 60% over the past year. Haven't looked recently, but he must be getting close to 1000 plays. (I tailed him a few times, and lost every time. lol).
SBR Founder Join Date: 12/14/2005
It's hard...real hard.
SBR Founder Join Date: 8/10/2005
Nice post Art....very well said. Sportsbetting is not for the faint of heart.Originally Posted by Art Vandeleigh
SBR Founder Join Date: 8/10/2005
It's really not that special over 1000 plays.
SBR Founder Join Date: 12/14/2005
Most everyone that bets sports gets buried, like Ganch said betting live and looking at wagerline picks is two different animals.
Betting live lines you are luck to hit 54% if your good
SBR Founder Join Date: 7/20/2005