Given: Major markets( American football and basketball---college and pro )
Approx. 300 plays/yr
Flat wagers-----for all you 1/2 and full kelly mo-fos that have the edge nailed down to the proverbial nat's
ass.
@ -110 odds (simplicity)
Assume market efficiency? (ad nauseum)
Win Rate/yr: Yr.1 55%
Yr.2 59%
Yr.3 53%
Yr.4 62%
Yr.5 53% Mean= 56.4% Median= 55% Range= 53-62%
Obviously, this is a very simple hypothetical and may not be statistically significant for all of you stat geniuses, but in a sports betting context, should this guy expect a 42% win rate at some point or is it more likely that his arse whooping would be less severe?
Bankroll has grown. Increase risk or hunker down?
Does the annual consistency mean anything (yeah, I know that the numbers don't recognize seasons) or do you just disregard?
What if you broke even for the next 3 years? My "instincts" tell me that in this context, the consistency should mean something.....no?
Approx. 300 plays/yr
Flat wagers-----for all you 1/2 and full kelly mo-fos that have the edge nailed down to the proverbial nat's
ass.
@ -110 odds (simplicity)
Assume market efficiency? (ad nauseum)
Win Rate/yr: Yr.1 55%
Yr.2 59%
Yr.3 53%
Yr.4 62%
Yr.5 53% Mean= 56.4% Median= 55% Range= 53-62%
Obviously, this is a very simple hypothetical and may not be statistically significant for all of you stat geniuses, but in a sports betting context, should this guy expect a 42% win rate at some point or is it more likely that his arse whooping would be less severe?
Bankroll has grown. Increase risk or hunker down?
Does the annual consistency mean anything (yeah, I know that the numbers don't recognize seasons) or do you just disregard?
What if you broke even for the next 3 years? My "instincts" tell me that in this context, the consistency should mean something.....no?