Wednesday, 5 April 2017


Geoff Banks appears to believe that Gibraltar is an enclave:

I really hope the Spanish invade that troublesome enclave.
Because Gibraltar has a sea border, as do Spain's Ceuta, Melilla, and Peñón de Vélez de la Gomera in North Africa, it is technically a semi-enclave. 

Attention to detail is important!

Pyckio tweeted the below image last night, with another error that jumped right out at me:
From the above, you would be forgiven for thinking that any prices of 1.50, 2.0, 3.0, 5.0 or 10.0 are counted twice. For example the 1.50 would be in both the 1.0 - 1.50 bucket, and the 1.50 to 2.0 bucket. Very confusing.

When I point these things out at work, there's usually a lot of eye rolling and groans, but my opinion is that when there's a lack of attention to detail, it raises concerns about the quality of the content. 

I no longer point these things out at home however. Readers may draw their own conclusions as to why that might be.

To his credit, Pyckio's Daniel Mateos Vazquez acknowledged the point once I'd clarified it, but whether 1.0 - 1.5 becomes 1.0 - 1.499 as I suggested remains to be seen. The content was actually slightly interesting, in that the yield (while still negative) actually increases in the bands from 1.50 (or maybe 1.51) up to 5.0 (or maybe 4.99) - i.e. the 3.0 to 5.0 band (or maybe the 3.01 to 4.99 band) showed a loss of 2.51% versus the odds-on band 1.5 - 2.0 (or 1.51 to 1.99) with -2.64%. 

I actually find using the decimal odds quite irrelevant. What is 1.50? It means that the implied probability is 2 in 3, or 66.67%. What's wrong with 60%, 65% or 70%? At least they are integers! 

If you are following my baseball ideas this season, you're off to a good start with the Los Angeles Dodgers winning easily on Monday, and the T-Bone System following up with two winners last night as the Chicago Cubs beat the St Louis Cardinals and the San Francisco Giants beat the Arizona Diamondbacks. With a 100% record, I'm tempted to call it a season. 

The League Two Away System had another strong round at the weekend, 7 winners from the 12 matches and another 5.38 points taking the season total to 47.42 from 480 matches, just shy of a 10% ROI. 

A couple of comments on yesterday's post (Peter Webb in PR Disaster) that I'll get to next time.   

1 comment:

James said...

Indeed, the astute will notice that the bucket overlap used by Pyckio is annoying.

However, the even more astute will notice that using buckets from 1.0 to 1.499 and 1.50 to 1.99 misses out 1.499 to 1.50 and so on.

Therefore the best solution is to use 1.0 to <1.50 and 1.50 to <2.00 which encapsulates all values from 1.0 to 2.0 without overlap.

I apologise for being so pyckio. ;)