patternfinder

29th May 2007, 07:33.56 PM

Hello,

Well, yesterday was my first day betting on horse racing. I built some data mining programs which look for patterns and make recommendations as to which horses to bet on. Yesterday, I made two types of bets, either $100 to win on a single horse, or a $100 dutch bet on 3-4 horses (I found about a dozen of these, most of them won). At the end of the day I was up $9,703.00. I bet $100 on every race at 12 tracks. I don't know what the total number of races was off the top of my head, 130+ I guess.

I would like for someone who knows how to handicap to look at the picks that my data mining programs made and tell me what your handicapping program would have said to do on these picks. I am looking for someone to work with where I recommend horses to bet on based on my data mining tools and the other person evaluates the picks using their handicapping tools. And when both programs agree, we bet on those picks.

I have attached an excel spreadsheet which lists all of my picks, the winners have the odds next to them. Note, that the odds I list are not the track odds, I bet on bet matching sites, which is why I limited the bet size to $100. It is tough to get filled on orders above that sometimes. I have an idea why this data mining program worked, I'll share this with people who give me good feedback. To read the spreadsheet, the track is the name of the worksheet, the row number is the race number, the entry in the first column is the horse I bet on, if the horse won, the odds are in the second column. If the first column has more than one entry in it, that was a Dutch bet. The last row is the total amount bet for the first column, the total payoffs in the second column, and the total amount won (total payoffs - total amount bet) in the third column. It was much easier to total things this way than to try to figure out "let's see, 5/1 is actually 4 to 1 because you have to deduct the amount bet..." geesh I have a headache. So, I just multiplied the odds x amount bet and deducted the total amount bet at the end. Comes out the same way and much easier to calculate.

Patternfinder

Well, yesterday was my first day betting on horse racing. I built some data mining programs which look for patterns and make recommendations as to which horses to bet on. Yesterday, I made two types of bets, either $100 to win on a single horse, or a $100 dutch bet on 3-4 horses (I found about a dozen of these, most of them won). At the end of the day I was up $9,703.00. I bet $100 on every race at 12 tracks. I don't know what the total number of races was off the top of my head, 130+ I guess.

I would like for someone who knows how to handicap to look at the picks that my data mining programs made and tell me what your handicapping program would have said to do on these picks. I am looking for someone to work with where I recommend horses to bet on based on my data mining tools and the other person evaluates the picks using their handicapping tools. And when both programs agree, we bet on those picks.

I have attached an excel spreadsheet which lists all of my picks, the winners have the odds next to them. Note, that the odds I list are not the track odds, I bet on bet matching sites, which is why I limited the bet size to $100. It is tough to get filled on orders above that sometimes. I have an idea why this data mining program worked, I'll share this with people who give me good feedback. To read the spreadsheet, the track is the name of the worksheet, the row number is the race number, the entry in the first column is the horse I bet on, if the horse won, the odds are in the second column. If the first column has more than one entry in it, that was a Dutch bet. The last row is the total amount bet for the first column, the total payoffs in the second column, and the total amount won (total payoffs - total amount bet) in the third column. It was much easier to total things this way than to try to figure out "let's see, 5/1 is actually 4 to 1 because you have to deduct the amount bet..." geesh I have a headache. So, I just multiplied the odds x amount bet and deducted the total amount bet at the end. Comes out the same way and much easier to calculate.

Patternfinder