blue coefficient

Stake Wizard issues

blue coefficient

Postby Bobbyx » Sat Feb 27, 2021 12:32 pm

Can you explain to me why the coefficients are colored blue?
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Re: blue coefficient

Postby Alex » Sat Feb 27, 2021 3:53 pm

Because these market (line) odds do not meet fundamental betting criterion FAIR odds < LINE odds. Such criterion is required for bettor to have a profit in the long run. It is subject to the theorem which is available on the the website http://www.newhavensoft.net and in the manual topic Stake Wizard Guide > Math background. Manuals are available on the download page http://www.newhavensoft.net/dload.htm.

Cells color coding:
1. Violet (or blue on LCD screens) - events which are NOT recommended to bet on due to unfavourable trends.

2. Green - bet events suitable for betting and meeting the criterion Fair odds < Line odds. The greater the difference, the deeper the green color. Dark green (Fair << Line) requires additional checking from another sources.

3. Red on the correct scores view - indicates the probability of some certain score to happen. The greater the probaility, the deeper the red color.

4. Gray - same as 2 but with unfavorable upward market odds trend.

1 and 4 are the elements of Odds > Antibet filter.

2 and 4 appear when you choose Odds > Market line odds
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Re: blue coefficient

Postby Bobbyx » Fri Mar 05, 2021 1:48 am

Thanks for your previous answers. For me, as a non-native speaker of English, the question of translation arises. And the automatic translator translates quite incorrectly.
1. Z ave - what is its mathematical, physical or logical meaning?
2. When we choose the bookmaker for the LINE line. Which odds are better to choose with high or low margins?
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Re: blue coefficient

Postby Alex » Sat Mar 06, 2021 2:45 am

1. Z ave is the average value of the factor of fund (bankroll) growth. It may be expressed in pct as well. Stake Wizard uses percent notation. Theorem (www.newhavensoft.net) defines expression for maximum possible average value of natural logarithm of Z.
2. Exact answer is given by the discussed expression for ln(Z) ave for just two events. The higher ln(Z) ave, the better. In Odds Wizard, higher values of ln(Z) ave correspond to the deeper green shading cells color.
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Re: blue coefficient

Postby Bobbyx » Sat Mar 06, 2021 3:27 am

Thank you for your reply.
Does this mean that, say, z ave less than 1% means negative bankroll growth?
Is more than 1%, on the contrary, a positive growth?
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Re: blue coefficient

Postby Alex » Sat Mar 06, 2021 6:50 am

In percent, less than 0% means negative growth, greater than 0% means positive growth. However due to possible error in calculating fair odds, we do not recommend to place bets with Z ave < 4%.
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Re: blue coefficient

Postby a3predict » Thu Nov 28, 2024 12:07 pm

Alex wrote:In percent, less than 0% means negative growth, greater than 0% means positive growth. However due to possible error in calculating fair odds, we do not recommend to place bets with Z ave < 4%.


I will looking at the Z ave > 4% on the excel sheet on SW or we are looking at the Z ave > 4% that is generated after SW does the calculations? The figure that comes from the report.
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Re: blue coefficient

Postby Alex » Fri Nov 29, 2024 12:11 am

Lower value, i.e. result of optimization, depends on the mode of calculations. By default it is regular mode. This value normally is lower than higher table value which is always calculated in Kelly mode. If you choose Kelly mode of calculation, then both values are equal in case of a single event.
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