NRL S2016 R08 Results

NRL S2016 R08 Results

Summary

We had a great round with 7/8 predictions correct. In addition to this, of the 5 bets placed, we profited from 4 and broke even on the 5th (due to cash back offer). Our initial bank for the round was $2,107.54 and after all concluded bets the bank sits at $2513.03 This represents a $313 profit to date (14% ROI)

We had a big win from a 5 game ‘multibet’, and profited from the 3 head to head bets recommended by the model.

Before I go on, in my last post I indicated I was staking on 3 head to head games (all of which profited), however after my post I actually placed two additional bet. One was a ‘multibet’ and the other was a head to head bet of which a there was a bookmakers promotion offering cash-back under certain conditions (margin <8 points).

I haven’t explained the math behind why I did this however I will outline in a future post explaining how Sportsbet’s head-to-head multibet odds are calculated. I also realize that I said in my original staking strategy that I wouldn’t place any ‘exotic’ bet types, however I hadn’t factored in the potential advantages which can be gained from various bookmaker promotions (which make some of these bet type more attractive). Again I will explain in a future post. Ok, now lets review how we did in detail:

Predictive Results

Given:

mTP = Models true positives

mFP = Models False positives

mPrec = Models precision (equivalent to accuracy in this case)

bTP = Bookmakers true positives

bFP = Bookmakers False positives

bPrec = Bookmakers precision (equivalent to accuracy in this case)

Table of results

Predictive model vs bookmaker precision by round
round_no season mTP mFP bTP bFP mPrec bPrec
8 2016 7 1 7 1 0.875 0.875
round_no game_no tip_text result
2921 8 1 Brisbane Broncos to win against South Sydney Rabbitohs while Home Correctly picked
2923 8 2 Canterbury Bulldogs to win against Gold Coast Titans while Home Correctly picked
2925 8 3 Canberra Raiders to win against Wests Tigers while Home Correctly picked
2927 8 4 North Queensland Cowboys to win against Parramatta Eels while Home Correctly picked
2929 8 5 Cronulla Sharks to win against Penrith Panthers while Home Correctly picked
2932 8 6 Manly Sea Eagles to win against Newcastle Knights while Away Correctly picked
2934 8 7 Sydney Roosters to win against St George Illawarra Dragons while Away Incorreclty picked
2935 8 8 Melbourne Storm to win against New Zealand Warriors while Home Correctly picked

Staking results to date

Initial bank = $2,200

Previous Round Bank = $2,107.54

Current bank = $2513.03

Total profit/loss = 331.03

Round Staking results = 4 out of 5 bets correct

Staking results to date = 6 out of 9 bets correct

ROI (Total profit / Initial Bank) = 14.2%

Table of staking results to date
BET.STATUS DATE.PLACED BET.DETAILS STAKE RETURN PROFIT BANK
1 Win 8-Apr-16 Penrith Panthers v Nth Queensland Cowboys / Head To Head / Nth Queensland Cowboys @ 1.67 50 84 34 2234
2 Win 9-Apr-16 Penrith Panthers v Nth Queensland Cowboys / Head To Head / Nth Queensland Cowboys @ 1.67 60 100 74 2274
4 Lose 16-Apr-16 Canterbury Bulldogs v New Zealand Warriors / Head To Head / Canterbury Bulldogs @ 1.90 114 0 -40 2160
5 Win 17-Apr-16 Wests Tigers v Melbourne Storm / Head To Head / Melbourne Storm @ 1.52 107 163 15 2215
6 Lose 18-Apr-16 Sydney Roosters v Penrith Panthers / Head To Head / Sydney Roosters @ 2.45 110 0 -95 2105
7 Win 20-Apr-16 Melbourne Storm v New Zealand Warriors / Head To Head / Melbourne Storm @ 1.67 100 167 -28 2172
8 Win 20-Apr-16 Cronulla Sharks v Penrith Panthers / Head To Head / Cronulla Sharks @ 1.60 100 160 32 2232
9 Win 20-Apr-16 Nth Queensland Cowboys v Parramatta Eels / Head To Head / Nth Queensland Cowboys @ 1.38 100 138 70 2270
10 Lose 20-Apr-16 St George Illawarra Dragons v Sydney Roosters / Head To Head / Sydney Roosters @ 1.70 50 0 70 2270
11 Win 20-Apr-16 Multibet (5 folds) 50 293 313 2513

For those who have contributed to the initial bank, the break down of your contribution and what you are currently entitled to is below. It’s pretty self explanatory with the main column being ‘entitlement’. This is how much you are entitled given your initial contribution. The gain (in dollars) is the amount of profit/loss you have currently made on your investment

Contributors investment entitlements

ID initial_bank current_bank cont_amount entitlement gain
1 2200 2513.03 1000 1142.286 142.286
2 2200 2513.03 500 571.143 71.143
3 2200 2513.03 200 228.457 28.457
4 2200 2513.03 100 114.229 14.229
5 2200 2513.03 100 114.229 14.229
6 2200 2513.03 200 228.457 28.457
7 2200 2513.03 100 114.229 14.229

Results to date

Predictive model vs bookmaker precision by round
round_no season mTP mFP bTP bFP mPrec bPrec
1 2016 5 3 5 3 0.625 0.625
2 2016 7 1 6 2 0.875 0.750
3 2016 4 3 2 5 0.571 0.286
4 2016 3 5 7 1 0.375 0.875
5 2016 3 5 6 2 0.375 0.750
6 2016 7 1 4 4 0.875 0.500
7 2016 5 3 5 2 0.625 0.714
8 2016 7 1 7 1 0.875 0.875

NB these are results as posted - remodelling of round 4 and 5 considerably improved these results as explained in Results to date

Conclude

Ok, lets hope we can can build on our great start to investing in following rounds!