For this compilation, we received data from:
a. 1 value betting bot operating with 4 high-street bookmakers. This bot participates with a 20% gravity in our index.
b. Odds4Stats value betting system operating manually on our behalf now contributes with 60% gravity because it generated bigger volumes compared to last month.
b. 2 value bettors operating manually on line. These players participates with a total 10% gravity in our index, because of their experience and the big variety of bookmakers that they use.
c. 2 value bettors operating manually off line in 2 different countries. These players participate with a total 10% gravity in our index.
Commenting:
That was the first negative month we had for 2018.
During September we noticed absolutely no correlation among all projects.
O4S started positively but then disaster struck.
The Value betting bot was positive during all month but its performance declined during the last 5 days.
On line and off line value bettors reported different performances, 3 of them being red and one of them being green.
The bad performance of the month is largely due to O4S bad performance. We are studying the reasons why this happen and the first findings are showing most strategies working wrong and a tactical mistake from O4S management to insist in these strategies. It is estimated that an early change in strategies and reduce of stake would save us a lot of money.
We gave back almost all profits we made during August and that means that we had 2 months with no wealth built. It is disappointing but these streaks are absolutely expected and we will not allow to take our mood down or stop the action.At this point I would like to quote an older post I made a month ago:
We are learning and we are getting educated from this project. If we want to stay in this business a long time, we have to keep learning. What we formerly knew is never enough. So if we don’t learn to constantly revise our earlier ideas, and come up with better ones, we are not competitive and the opponents will win.Arbusers wrote: The typical value bettor would be better off, if the outcomes of his bets had no instantaneous value at all, for he would then be spared the mental anguish caused him by fluctuation in profitability.
The typical value bettor should remain steadfast until the end. Instead of fearing a losing streak, he should embrace it, because losing streaks will sooner or later be followed by winning streaks. It’s up to him to take advantage of both streaks and make them work for and not against him.
Paradoxically, you will be much more in control, when you realise how much you are not in control. By putting all of your betting action on permanent autopilot, you can fight the rush for good results, focus on your long-term goals, and stay bullet proof from mood swings.
These mood swings will separate the value bettors from the rest. In the end, how your bets and results behave are less important than how you behave.