Hello guys, I'm new here. I had an account a long time ago but I don't know what happened to it. Anyways, I was wondering if anyone could help me out on finding statistical significance of a betting system?
I tested a theory and it's come true 25 out of 37 times during back-testing. That's not statistically significant is it? Also, there's another one which is like 19 or 20 - 1. That one I'm sure has statistical significance? How can I be sure that a system is statistically significant if it doesn't have a very high win rate? I don't know too much about statistics. Thank you.