| Newhavensoft forum »Newhavensoft.net forums » Odds Wizard » Question on SW |
| 1. Guest - 10 November, 2007 - 04:10:27 |
| For eg, I started with a fund of 1000 and default target fund would be 10000. I input today's date in to SW and I was asked to bet a total of 994.09. Let's say result showed that I won 200 and my fund total is at 1200 now. When I am going to input tomorrow's data, should I adjust fund to 1200 or maintain at 1000? And what's the reason behind it? Thanks. |
| 2. Alex - 10 November, 2007 - 04:42:21 |
| Once your fund has changed as a result of betting, you should update its value. The underlying reason is intention to win as much as possible. You may find details in the topic 'Mathematical background' of the Stake Wizard Guide inside the software. |
| 3. Guest - 10 November, 2007 - 05:01:42 |
| But wouldn't it be very dangerous because fund to set aside is so low? If we were to have a bad day, all our past profits + capital will be wiped out. Well, I guess we have to take a certain level of risk in order to reach target fund. |
| 4. Alex - 10 November, 2007 - 06:55:26 |
| Risk level can be viewed at Stake Wizard reports, menu Diagrams -> Risk distribution. There you can determine the chances of your fund to be greater and smaller that the original bankroll. |
| 5. amigdala - 13 November, 2007 - 07:24:59 |
| I dont understand minus (Blue) and red in the risk distiribition diagram. Must I choose the match which has more minus level or red colored. Thanks. If you explain the risk distribition graphs, I will be apreciated. Thanks. I think we have to use static fund in the stake wizard starting fund. I have bets 67 matches which has %4 or more Z Ave value for tree months. I didn't attention valid or invalid rating of the teams. And I lost 34 bets and I won 33 bets. If I use static balance for example 100 unit, after winning and don't add any profit on the starting fund, I have profit from 67 bets 186 unit and my total capital 286 units. If I added all profit and continued to new bankroll, I have earned only 40 unit and my total capital will be 140 units. I think we have to use static fund when we use stake wizard. This is live results and based on my experiences about stake wizard 3. Thanks. (Edited by: 13 November, 2007 - 07:30:11) |
| 6. Alex - 13 November, 2007 - 15:17:20 | |
| What is risk distribution diagram? It shows you chances of getting certain profit (Z > 1, red rods) and certain loss (Z < 1, blue rods) in a single betting round. Sum of all positive chances is denoted as Plus %, and all the negative - Minus %. Quote:
No. Normally you choose the top variant of SW4 calculations. Note that number of bet subcomponents may be greater than may be visible at a time. Use horizontal scroll bar to view all of them. Static fund is just a part of your initial capital (bankroll) which is set aside from being placed in bets. SW4 is totally different from SW3, so the old experience is not applicable. In particular, SW4 generates much more components in complex bets. That results in greater values of Zave. |
| 7. amigdala - 14 November, 2007 - 01:12:44 |
| Stake wizards help suggest to us use these value default target multiplier = 100, limit accumulator by = 6 and limit subcomponents by = 100. are these true value or false?. Because stake wizard 3 help suggest default target multiplier=10 Thanks for your help Alex. (Edited by: 14 November, 2007 - 01:13:46) |
| 8. Alex - 14 November, 2007 - 05:13:48 |
| Target multiplier may be equal to 10, 100, or any other value, depending on the desired result in a long run. The greater multiplier, the greater the risk of betting, although setting multipliers to 10 and 100 results in almost the same top variants of betting. When the target multiplier is equal to infinity, both modes of computation give an identical results. |