By Algorithm Betting on Aug 18, 2008 in Betting results, Championship, Premier League | comments(0)
Gains for the Premier League Fund and losses for the Championship Fund left a net gain overall for the Trading Fund when the two were put together this weekend. Looking at the historic performance of the Championship Fund shows that a considerable amount of the gains come from a few wins at long odds. This may leave that Fund under water for a considerable time. It could also continue to weigh on the performance of the Trading Fund. This season could therefore see the Premier League Fund shine as it continues to impress.
Turning to individual matches this weekend, Middlesbrough was a large gain increasing the Premier League Fund by over 8%. It was just a shame the final game of the weekend hit the Fund for almost 6% as Newcastle held Man U to a draw. There were no large gains/losses on the Championship which is to be expected as i’m running it on a low risk strategy until it proves itself. Continued
By Algorithm Betting on Aug 9, 2008 in Betting tips, Championship | comments(0)
Here we are back for another season. This season i’m including the Championship in my coverage. The tips are now shown on the relevant pages under each Fund, links at the top of this page. I haven’t had time to consider how I will adapt the Trading Fund tips on this first day - sure it’s only been 3 months! But a general note is that I will only make changes to the tips thrown up by each algorithm if there is significant news. I may adapt this appoach as we move through the season as I learn more.
First match is Birmingham v Sheff Utd - come on you Blues!
By Algorithm Betting on Jul 25, 2008 in Algorithm structure, Championship, Featured | comments(0)
Following on from the Premier League Fund, I have adapted the algorithm to the Championship. As well as adding profits, the addition of a second Fund should also reduce the overall volatility of total invested funds. This is Markowitz portfolio theory working its statistical magic. Volatility is reduced since the performance of the Premier League and Championship models are completely uncorrelated.
Continued