…Gamma Testing of the Value Betting Engine (VBE) commenced.
Today, the VBE has been released into our production environment.
The VBE generates the following output:
POSITIVE DYNAMIC VALUE (+DV) +DV DISCOUNT DECIMAL ODDS MONEYLINE ODDS IMPLIED PROBABILITY EDGE:NOISE RATIO
- SMALL TRADER NET*
- FUND NET*
- COMMERCIAL NET*
- STANDARDIZED ODDS*
The Value Betting Engine, once upon a time, complemented the Odds Engine. But this is no longer the case: the Odds Engine has been officially deprecated.
Value Betting Engine statistics for our current holdings are updated daily and posted in a table on this website’s front page.
The Value Betting Engine is optimized for all trading instruments. It does not require tuning. Its reliability has been demonstrated with > 40 years of price data. In other words, had it been available in 1980, it would have worked as well as it does now.
The formula on which the source code is based is proprietary. The source code will remain closed.
A proof-of-concept period of 12 mos. has been initialized over which a minimum of 25 VBE trades will be placed and observed. Results will be posted on 5 November 2022.
VBE describes a probability distribution for which the Chebyshev Inequality, 1 − 1/k3, is 88%.
Though the VBE is capable of generating a lot of statistical data, the majority will no longer be published on this website, as it isn’t of great practical value to a trader. Whether or not there is an “EDGE”, on the other hand, is of value. Knowing the Standardized Odds of success for a given instrument likewise is of value. I know when to exit, and I may indicate when I have chosen to do so, but the value at which an exit is executed will not be published beforehand in the form of +DV.