Madness Steeleworks ***BUSTED!!***

[madnesstiger]

MADNESS STEELEWORKS Rather than put all my eggs in one basket, I've decided to split my latest off-forum profits into 2 new GH's rather than just the one. MadnessDaily 6 has just been published with a starting bank of £100. The other £100 I have to use will go into funding this little venture! Background I have read and re-read Paul Steele's book 'Profitable Football Betting' a number of times over the past few years. Amongst other articles, he analyses 15 different ratings systems for predicting football matches. I have touched on a few of these ideas in the past, although nothing of real importance. However, the other day I had a little spare time on my hands and decided to put together a little 'calculator' using MS Excel which combines the ideas of 6 of Paul Steele's more successful ratings systems in the book, as well as my own minor alterations, to give each match a rating. The Ratings The calculator gives each match a rating of between 1 and 6.

• A rating of <2.5 predicts a match as an AWAY WIN
• A rating of between 2.5 and 3.5 predicts a match as DRAW/AWAY WIN
• A rating of between 3.5 and 4.5 predicts a match as DRAW/HOME WIN
• A rating of >4.5 predicts a match as a HOME WIN

After testing the calculator on a handful of matches over the past few nights, it has acheived a 100% strike-rate. With this in mind, I have decided to create this GH to measure just how successful this thing can be. Staking After plenty of consideration in this department, I am going to apply a risker, more GH-oriented version of the 'Maria Laying System'. Google it for more details, but to summarize, here's how I will work it in this GH: LAY bets:

• Odds 1.01 - 3.50 : Lay 3.0% of total bank
• Odds 3.55 - 7.40 : Lay 1.8% of total bank
• Odds 7.50 - 11.0 : Lay 1.2% of total bank

BACK bets:

• Odds 1.10 - 1.15 : Back 12.0% of total bank
• Odds 1.16 - 1.38 : Back 11.5% of total bank
• Odds 1.39 - 2.00 : Back 7.5% of total bank

OTHER INFO:

• % OF BANK RECALCULATED DAILY IF 'NEW HIGH' IS REACHED.
• % OF BANK RECALCULATED IF BANKROLL IS REDUCED BY 35% OF ORIGINAL BANKROLL.

Although the calculator simply predicts the 1X2 outcome of a match, I may use the findings to place bets on related markets, such as 'Correct Score', 'HT/FT', 'Half-Time' etc. I am not expecting miracles from this GH, and have therefore not set any financial targets. I will appreciate any feedback throughout, and because of the potentially very risky staking strategy, I am just going to work this GH as a bit of short-term fun, with the small chance of great returns! MT :ok [As a sidenote, I may take the ratings from the calculator's results into consideration when deciding on picks for my other current MadnessDaily GH.]

[KONG]

Re: Madness Steeleworks Good luck mate:ok