Ok, this could be a long post but it’s been a busy week
again for me and I’ll try to squeeze everything into this post.
One thing with working full-time whilst playing this game
is that every now and again, with the job that I have, things can get very busy
and the 9-5 job suddenly becomes an 8-6 job and sometimes I’m lucky if I can
get away for 6pm. Not only that, by the time I leave the office, I’m mentally
and physically drained. I’m fortunate
enough in the sense I do have a job I really enjoy and therefore, I don’t
really mind the fact that every now and again, it does take over my life for a
little time but then it tends to settle down again.
The last couple of weeks have been like this and
therefore, I’ve really struggled to do as much with the football systems as I’d
have hoped or more correctly, I’ve struggled to do what I needed to do as quickly
as I wanted to. When you get home and
settled down at 8pm, it’s difficult to then pull the laptop out and get stuck
into this stuff, especially when my wife hasn’t seen me all day and I can
barely keep my eyes open past 10pm as a result of the day at work!
Anyway, I managed to get some time last night as my other
half was out and I’ve finished pulling together the results for all the new
systems. I’ve also been tidying up the results across at the website etc. and
the only results left to add are these for the new systems I discuss below.
Hopefully I can get this done on Monday and that’s the end of the system
building and results updating and I can start working towards next season.
One thing that I hope has come across this Summer is the
amount of work that has gone into reviewing last season and setting up new
systems for next season. It’s hard to
explain the amount of work that goes into building systems and doing what I do
but let’s just say it’s a lot of work. As well as building the systems, I also
need to put a process in place to enable me to update the ratings after every
game next season and given the fact I’ve increased the number of leagues and
systems by a fair bit (twice as many systems next season), it’s a logistical
nightmare.
I know I’ve taken on a lot for next season but I’m hoping
the time and effort invested this Summer will shine through next season and I’m
trying to put something in place that can make myself and everyone following a
decent return for the next few seasons. Hence, if I was in this for the short-term, I’m
not sure it would be worth my time to do what I’ve done this Summer and
building more systems for more leagues but as I’ve said previously, the
intention was always to work to a 3 year plan and then take stock of where I’m
at. This is the 3rd season and after this season, I’ll stand back
and assess where I’m at and decide whether the project has been worthwhile and
what the future holds. A lot depends on
how this season goes I think but we’ll see what happens.
OK, so I’ve finally completed the final systems. It has taken me slightly longer than I hoped
but I hadn’t anticipated so many bets would be thrown up from the new set of
ratings and more importantly, I didn’t expect the results to look as they have
done! Hence, I had to go back to the
beginning, check the system building process and ensure I’d not done anything
stupid at any point. Thankfully, I didn’t find anything wrong but as you’ll see
below, the results are a little bewildering to say the least!
Before I share the results, it isn’t my intention to
review all the systems individually on the blog. I’ve already reviewed systems
31-33 as they were live last season and all I’ve done now is create systems 41
& 42 using the same methodology as I used on systems 31-33. The results for systems 41 and 42 aren’t
great if I’m honest and they don’t look as good as systems 31-33 looked before they
went live.
Of course, the purpose of having these two other systems
was to create a set of combined systems using the DNB rating methodology
applied to these systems. I guess deep
down, I hoped that the returns from the combined systems could rival the
results we’ve seen on the UK combined systems 6-21 to 8-22 and also the
backtested results I’ve seen on the new European systems. Unfortunately, this hasn't happened and the
results are difficult to interpret if I’m perfectly honest.
Without further ado, here’s the results of all systems
using the DNB (AH0) methodology:
It’s hard to get overexcited by the results of these
systems. I should really place more emphasis on the AH0 returns since the point
of the systems is to maximise these returns but as soon as you look at last
season’s results, you can see the results are disappointing.
The first observation is clearly the number of bets on
systems 41 and 42. There are a helluva lot of bets! It wasn’t really my
intention to build these systems with such a higher number of bets but I was
struggling to reduce the bet number without having to interfere with the
ratings and I never do this as it would lead to backfitting to some extent and
I avoid this at all costs.
Interestingly, even though there are a lot of bets on 41
and 42, when you cross refer them with 31-33, the bet number drops
significantly. Hence, 41 and 42 look totally different to systems 31-33 in
terms of the type of bets thrown up. One
significant difference I can point out is that I’ve allowed more shorter priced
Aways to creep onto systems 41 and 42. I’d
picked up on this last season but when I was building the UK systems
previously, I’d struggled to find an edge on shorter priced aways. I think
there seems to be an edge at AH0 with these bets in the sense that not many
lose even though too many draw. Hence, I think if covering the draw, you can
actually do OK with shorter priced aways.
This of course means you can never have these on the combined
systems as systems 31-33 won’t have these shorter priced aways, so there’s a
key difference between both sets of systems.
One thing that stands out from the combined systems last
season is just the fact that many of the big priced away bets finished in a
draw. You can see this clearly if you look at the returns of backing the
combined systems outright as against using AH0.5. Hence, although 4 of the 6 combined systems
lost last season, all 6 did OK if using AH0.5.
Basically, my advice to everyone for next season who is
following the service is to ignore these new DNB systems until we see some live
results. Although I’ve gone through every system and given them a target ROI
and ROC, I’m not sure I’d really buy into them.
In addition, I’m giving targets for backing outright when these systems
were only ever meant to be used for AH0 purposes, so I’d suggest we all keep
this in mind when considering the results in future.
Similar to what I’ve done with all the other systems this
Summer, I’ve gone through and picked out the number of bets, what sort of
betting bank we’d need, what the target return is and so on for these new
systems. Here are the results
summarised:
As you can see, I’ve sort of settled on a maximum ROI of
10% for these systems and if I’m honest, the target ROC figures don’t excite me
too much, so it’s hard to think these systems are worth following next
season. They seem like a lot of work for
not a lot of return!
Right, I’ll leave this post there. That’s me done with the
system building and reviewing all the new systems for next season. I’ll show the performance summary table on
the next post which will include all systems for the first time.
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