Newhavensoft forum

**lihai** · Newbie

How do I carry on competing the analysis?

**ColdFish** · Newbie

If you are betting set the profit margin to 0%

MENU
Options
Common Options
Profit Margin 0%

ALSO at the bottom of options for the league tick the box "Use Common Options"

The forecast of fair odds produced tells you whether the odds being offered to you are worth betting on. On the OddsWizard website you can get an idea of the degree of accuracy by looking at the analysis of league performance and past forecasts. Also within OddsWizard you will find under the tools menu a facility for analysing the performance of the forecasts within a particular league. If you always bet at odds greater than fair odds you will make a profit over time.

OddsWizard itself does not have any facility for permitting the user to fine tune or experiment with different forecasting models. It simply offers you an estimate of fair odds, and claims no magic abilities to esure you always have winners. Your objective is to have more winners than losers. There are a few charts you can look at, but I think they are more decoration than anything else. Essentially OddsWizard is a tool for making worthwhile bets, with small gains over time.

**zaxar** · Newbie

lihai
hi .
I have a problem.
how I can I make use the stake wizarrd 3, in betfair.

**ColdFish** · Newbie

I do not make much use of steak wizard, but you will find a FULL and detailed explanation of its use through

MENU
Tools
Stake Wizard 3
HELP

Essentially the program gives you a mathematically sound staking sum based on the real risk, the fair odds generated by Betfair, and the returns available from the market either at befair or the bookies.

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ColdFish