The Alpha Fund used level stakes and was a pre-cursor to the percentage stakes Beta Fund.  Results over the past month have shown the Beta Fund to be superior and continuing to monitor the Alpha Fund serves little purpose.  I am therefore going to drop coverage of the Alpha Fund and the Beta will just be referred to as ‘the Fund’.

This week once again saw moderate gains.  The 6 winning match bets were soured mainly by away wins for Everton and Man City.  These two teams do appear underrated by the model as their relative rankings are low versus the rest of the league consisdering their recent results.

The fund stays ahead of target after Day 95 and is still on track to achieve £1million after 5 years.

PERFORMANCE OF ALGORITHM BETTING PREMIER LEAGUE FUND:

(Fund is % stakes and began 29/9/07) 

Weekly movement in fund: +0.8%

Winning weeks (number of weeks showing gains/ total number of weeks since fund started): 11/13

% increase since the fund started: +130.4%

Risk (max weekly gain/max weekly loss, insufficient data for standard deviations):+49.6%/-21.9%