Editorial
Pages
March
2002
Australian
Rules Football CAN be beaten.
The
growth of sports betting continues apace and at Smartgambler
we continue to look at ways of harnessing technology
to launch intelligent attacks on sports that are still
relatively untapped by professionals.
Our
strategic collaboration with sports statistics expert
Stephen Clarke of Swinburne University has opened up
the possibility of using sophisticated computer simulations
to gain an edge in many forms of sports betting, some
of which are relatively new.
Whilst
work is underway to assess the viability of making money
from tennis, cricket and motorsport betting to name
a few and initial indications are very promising, Clarke
has already demonstrated fairly conclusively through
trials over four years that his team have got the measure
of AFL football.
Using the mathematically devised Kelly system of staking,
the Swinburne team turned a nominal starting bank of
$100 into $4,250 with
117 bets spread over
four seasons, a result which is statistically valid
and highly unlikely to be the result of chance alone.
But
as they say, the proof of the pudding is in the eating.
This season Smartgambler has begun selling football
betting packages utilising Clarke's information and
several of our own directors will be staking their
own cash to have a crack at it. Our money will most
certainly be where our mouths are!
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