System 22
I see system 22 as the ‘enforcer system’ in the sense it
controls the bets that appear on 6-22,7-22 and 8-22. Considering 7-22 and 8-22
are the two best systems in terms of ROI, a lot of this is down to the
influence of system 22 as it doesn’t give bets out for the sake of it!
Last season’s performance ended up with a profit of 8.2%
from 245 bets but a few of my tweaks last Summer were always going to impact
this system. The idea was to increase the quality of the bets on system 22,
reduce the number slightly and therefore, end up with a tighter set of systems
for 6-22, 7-22 and 8-22. Did it work?
Well, the bet number dropped from 245 bets last season to
133 bets. The pts profit was 20.2pts last season and 20.7pts this season.
Hence, the ROI has increased from 8.2% to 15.6%. Therefore, at a high level,
yes, the tweaks worked.
The other thing I really like about system 22 is the
returns from the AH bets. Even covering the draw fully using AH0.5 resulted in
a profit of 11.3% last season and 7.5% this season. That’s very good going for any system and
this is right in line with the backtested results too. When you consider the max drawdown is less
than 10pts for all AH types of bet, then using a small betting bank, you can
actually achieve a very high ROC on this system for the AH bets. Definitely
worth considering a strategy on this system of high stakes and using AH betting
to achieve a decent ROC over a season.
Like most systems, Aways on League Two really struggled
this season but interestingly, there is definitely a long-term trend apparent
here. A loss of 23.7% 09/10, a loss of 20.0% in 10/11 and a loss of 27.4% last
season. That’s a clear trend and
definitely should be looked at in depth.
It’s the first system so far that has suffered losses for 3 seasons
straight and you have to think there is an underlying issue with this system
and League Two aways.
Over the same period, a profit of 9.7pts across 122 bets
was achieved if using AH0.5. Therefore, I wouldn’t put anyone off using AH0.5
or some sort of draw coverage for these Away bets in this league. They tend to
be quite high average odds which means there is a thin line between winning and
losing if selections are drawing too many games but after 3 poor seasons,
definitely worth considering taking the draw coverage on these Aways in this
league.
The low number of bets on this system since it went live
can be seen in the volatility of the monthly results with 6 out of 9 winning
months this season and 5 out of 9 last season. Hence, 7 losing months in 18
looks quite poor but with so few bets each month, it would be fortunate to hit
a profit on most months. (Also shows how good system 8 has done with fewer bets
but 15 out of 18 winning months!).
The one disappointment during this season was the performance
of Home bets. Historically, Home bets on system 22 have been unbelievable and
in their first live season, they achieved an ROI of 43.9% across 27 bets. This
season, across 26 bets, it is an ROI of 14%.
It feels a bit mad to say that’s disappointing as I’d take a 14% return
every year on any system but I guess the system set high expectations during
the first season. Maybe missing 3 or 4 winners to achieve the level of
performance I’d have hoped for but even so, it’s not a disaster!
The biggest tweak to this system was the reduction in the
number of Aways as discussed above and it worked well. A profit of 3.8% last
season became 16% this season across roughly 50% of the bet number. Nice when
things work out like I plan. ;)
The P&L graph is interesting and again, you can see
the impact from the second half of the first season and the start of this
season where the system made no profit and actually made a loss across 180
bets. However, it then went on an amazing
run and made a profit of 22pts across 9 bets with 8 winners and one loser
(which was a draw!). This included winners at 6.2, 4.0, 4.0, 4.50 and 4.81. Not
bad for a winning streak!
Last Summer, I suggested a betting bank 65pts when the
biggest drawdown was 25pts. A similar theme again here but that betting bank is
very conservative!
Anyway, a profit of 20.7pts this season would mean a ROC
of 32%. Doesn’t sound great but that’s what happens when you overcapitalise
your betting bank.
The biggest drawdown remains 25pts and therefore, I would
have to think a safe bank of 50pts or thereabouts would be better.
A target ROI would be 10% for this system and I’d expect
around 125 bets next season, so a target profit of 12.5pts. This would give a
ROC of 25% on a pretty safe betting bank.
The ways to increase this ROC on the system has to be to
play higher stakes on Homes and definitely use some form of AH betting on the
Aways. Suspect it could double the ROC easily and make this a much more
feasible system to follow. Either that or play with a much aggressive betting
bank than I’m suggesting which is always a good way to increase ROC! :)
Hi Graeme,
ReplyDeleteI'm thoroughly enjoying these reviews and making notes along the way. I know there's quite a few to go yet, but I was wondering if you had any thoughts on how far a bank could be leveraged when using multiple systems?
My first thought was that if you were following these first 5 systems with a combined 260 point bank that would be way above what was required in reality, as you would be unlikely to hit a period of drawdown in each system at the same time. But then as some systems are linked, and therefore selections are duplicated, I'm not so sure on second thoughts.
With a smaller combined bank, and a sensible leverage applied, could the ROC's be improved? I don't want to distract from your sequence of reviews so feel free to answer at a later stage.
Cheers
Mark
Hi Mark.
ReplyDeleteGood question and definitely something worth covering mate. I've covered it last Summer but definitely worth an update now. What I'll do is add this to the list of questions across at the website under the FAQ section called 'Future Analysis'. Your question is there now. ;)
http://thefootballanalyst.com/future-analysis/
Glad you are enjoying the reviews. Once I get these out of the way, I'll start working through the questions I've logged at the site.
In the background, I've also started work on the new Euro systems as I've finished the second rating algorithm for these other leagues. I suspect you'll have plenty to read for the next few months mate. Best make sure you have enough space to write the notes you'll need! :)
Cheers,
Graeme