Staking Plan & System Analysis Software
How do you know if your betting results are down to chance or skill ? This question has been explored in TSM from its inception in 2005. The very first TSM used the chi square formula to try and answer this question. The Chi Square Formula was able to tell us on a very basic …
How do we calculate Layers Edge ? First let’s look at what Edge is : The predicted future gain or loss is called expectation or expected value and is the sum of the probability of each possible outcome of the experiment multiplied by its payoff (value). Thus, it represents the average amount one expects to win …
It was in July 2005 that the idea of The Staking Machine was first born. My own interest in learning and researching maths, statistics and all things betting meant an Excel Spreadsheet was created. Initially this was a simple spreadsheet used for backtesting various betting systems I wished to develop and use. But as the …
