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Old 11-26-2005, 06:21 PM
WichitaDM WichitaDM is offline
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Join Date: Oct 2004
Posts: 4
Default When are sportsbetting results significant?

I totalled my bets from the last few years and got the following results

+400 and up 1-4
+200-399 5-10
+110-199 47-47
+109--119 219-208
-120-199 21-21
-200 and up 23-6

Obviously i am up somewhat over this time period. I was wondering if these results are significant or just results of blind luck. Thanks,

DM
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  #2  
Old 11-26-2005, 06:44 PM
housenuts housenuts is offline
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Join Date: Jul 2004
Location: Victoria, BC
Posts: 357
Default Re: When are sportsbetting results significant?

watch Two for the Money. the guy goes 9-2 one week and he's all of a sudden a god.

i was watching it last night, i had to stop after an hour
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  #3  
Old 11-30-2005, 12:41 AM
ohnonotthat ohnonotthat is offline
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Join Date: Aug 2005
Location: New Jersey - near A.C.
Posts: 511
Default Re: When are sportsbetting results significant?

Often the FACT that we are winning or have won is attributable to skill but the AMOUNT of our win(s) is more due to luck.

These figures are a bit too vague for me to say how good you are; the sample size even allows for a reasonable chance that you've merely had a good run.

That said, I doubt whomever books your action will record a profit from doing so.

Continued good luck,

- Chris
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