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How To Know When Your Betting System Is Working (or not!)  

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(@iain)
New Member
Joined: 1 year ago
Posts: 2
23/09/2020 10:56 am  

Hi Michael,

I really enjoyed your talk last night. Would it be possible to give the formulas for creating AE and Chi Squared here, please?

Many thanks,

Iain.


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(@mikeywilding)
Member Admin
Joined: 11 years ago
Posts: 2478
23/09/2020 11:03 am  

Absolutely 🙂

The A/E is:

actual winners / expected winners

Expected winners for each horse is:

1 / Betfair SP

Add the results of all this together for all the horses.

The Chi2 is:

=chitest(Winner:Losers,Expected Winners:Expected Losers)

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