Formulating New Systems

[Damp Squib]

I have been a lurker here for quiet a while and have gone from hysterical laughter at some of the Systems given to Genuine belief that the Poster is onto something. The common demoninator in these Posts seems to be an urge to simplify things when a little more hard work might reap some reward. A noticable thread in all these is an intent to beat the Bookmaker without giving them any respect, you wouldnt play somebody for Money at Pool down the Pub without judging his strengths. Bookmakers Oddmakers are well paid professionals who know their Business inside out, so instead of fighting them, incorporate their knowledge into your thinking. Yes you may say they are well out on a price but how often, whenever your price is miles out you need to double check everything. Oddsmakers use a Standard set of rules to get a price on an Event which has stood the test of time, they then individually tweak them with their own preferences and knowledge. So us as Punters need to do the same, use their prices to save us most of the hard work and then put our edge to it. An edge can be found in many Theories and back-testing can be a dagger to the Heart but knowing where the Oddsmakers take notice and reading between the lines is the way to go. For instance everyone, including Bookmakers take notice of the Myraid of Stats on offer nowadays and all act accordingly, so it is best to look deep for a chink in them to take advantage. To give you some idea of the profits, I have a Soccer system that after a few years of tweaking takes me 2 Hours a week to do and gives me a profit of £2000-£4000 a Year, although nice, hardly ground breaking stuff. So to finish, dont expect utopia or Easy Street but taking in what the Books are telling you, some hard Work and getting the best Price on your Bet, you can have an enjoyable hobby, but always remember, make sure the hours spent are hours of enjoyment.:ok

[Hodgey]

Re: Formulating New Systems :welcome to PL. Nice one on coming up with a winning soccer system. :ok Would you care to post the selections in a thread on here?