Algorithm Betting

New betting exchange

Algorithm Betting — Sun, 14 Jun 2009 12:14:07 +0000

Okay, this may be a radical idea but stay with me. The idea is to create a betting exchange with near zero commissions. It’s to be created, owned and managed by its users. Why is this a good idea? No-one is breaking the near-monopoly Betfair has on liquidity due to their market-size. It’s acting as a barrier [...]

Algorithm Betting — Sun, 03 May 2009 18:39:23 +0000

Due to the current recession many gamblers are preferring to play in an online casino rather than travel to a regular casino. Online casinos create a realistic player experience of their casino games and are rumoured to offer players better odds of winning.

Profit from uncorrelated markets

Algorithm Betting — Sat, 28 Mar 2009 13:53:12 +0000

Profit in the betting industry, just like all other financial markets, is a function of risk, knowledge and pricing power . These three elements combine to determine the proft of all market participants. Knowledge and pricing power are more commonly understood. Having greater knowledge than the market gives you an edge. This may be in [...]

Fool me once, shame on you…

Algorithm Betting — Sat, 21 Mar 2009 10:37:25 +0000

This post is not about betting but I need to vent my anger at the UK and US government latest attempt at ‘magic’, a.k.a. quant-easing. Those of you who follow betting may be interested in the concept of ’something for nothing’ and so this post may be of interest. When David Blane levitated an inch [...]

Trading Fund up over 400%

Algorithm Betting — Sun, 01 Mar 2009 11:18:21 +0000

The performance of the Funds are now beginning to take shape. At the end of February, the Championship Fund is up 118%, Premier League Fund up 48% and the Trading Fund up 408%. Most of the gains in February have come from Championship tips including yesterday’s tips to back Notts Forest at Reading [...]

Championship Fund surges ahead

Algorithm Betting — Sun, 22 Feb 2009 17:55:11 +0000

This weekend’s results have driven the Championship Fund to a new high of 142.70, a gain of 42.7% since the start of the season. The backtesting had promised great things for this Fund with gains in excess of those of the Premier League Fund. However, the Fund had spent a lot of the [...]

Current team rankings

Algorithm Betting — Sat, 24 Jan 2009 12:03:03 +0000

With the second half of the season now well under way and just 5 points separating those in the bottom half of the table, which three teams will eventually face the drop? After a great start to the season, Hull seem to be going backwards. Tottenham on the other hand started badly but [...]

Goodbye Harry

Algorithm Betting — Thu, 30 Oct 2008 22:05:41 +0000

With losses showing for all 3 Funds for October i’m already looking forward to November’s games. But before then I guess I should try and reflect on the month gone. It’s not great looking back on a losing month but it may be useful if it can highlight any obvious errors or show it was [...]

Super September

Algorithm Betting — Sat, 04 Oct 2008 12:09:29 +0000

It’s been a very profitable month for all 3 of the Algorithm Betting Funds. Especially pleasing is the performance of the Championship Fund which had a poor start but has returned to the excellent form it showed in backtesting. The gains in the Fund prices for September are 59% for the Championship, 35% for the Premier [...]

Bingo Blackpool

Algorithm Betting — Sun, 21 Sep 2008 17:43:07 +0000

It’s taken 7 weeks of games to come home, but come home it did. Courtesy of Taylor-Fletcher and a 0-1 away win for Blackpool at Birmingham, the Championship Fund was boosted by 35%. The odds were 9.6 and the Fund wagered just over 4% after calculating the odds offered 82% value. Along with other winning [...]