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Newhavensoft forum »Newhavensoft.net forums » Odds Wizard » ODDS WIZARD PERFOMANCE |
1. BILLKOR - 12 February, 2006 - 10:23:15 |
Can someone please explain me how do odds wizard counts its own wins or lossses.Say for example that odds for a game at odds wizard are : Manchester U Blackburn 1.34 4.06 8.27 1.01 1.16 2.72 And that game ends 0:1 is this a win or a loss? |
2. ColdFish - 13 February, 2006 - 15:07:54 |
Its not a matter of win or lose, only that the odds of a particular outcome are reflected on average. If you know that fair odds of tossing a coin are 2 and someone is willing to lay 2.1 you are in the long term onto a winner. In the long term you are going to make a steady 5%. |