Is it possible to increase the mathematical expectation?

earth_imperator said:
click-baiters, manipulators, fraudsters...
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did you watch the whole entire video before you judge? you can either do it manually yourself or you can use a website call oddjams.

the only downsize is you pay for the service (no free lunch) or you can get banned from those sport betting websites.
 
MrAgi1 said:
Is it mathematical possible to turn a trading strategy with zero expected value(but a high win-rate), to a long-term profitable strategy by using certain risk/money management techniques such as:
-varying position size across trades?
-restarting back to smallest position size after certain of number of successful trades ?
-diversification(multiple un-correlated trades), all with high win-rates e.t.c ?
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No. You can literally make your win rate (number of trades won / number of trades lost) whatever you want using math. I realize how counterintuitive this thinking is to beginners. But this fact does not do anything to turn the strategy into a profitable one.
 
earth_imperator said:
Are trying to tell (sell :)) me that in a 50:50 game like coin flipping, you can beat the odds?
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If the odds are a market rate and there are multiple markets, then yes, you can "beat the odds". You bet in each market where the participants have skewed the odds incorrectly based on the sizes and sides of their bets. You just look for pricing errors. This is also the winning strategy you apply to stock trading.

But more correctly stated: You are not "beating the odds" you are beating the people you bet against.
 
It's so simple: the key for becoming the richest person is just knowing whether something will go up or down,
for example a stock or an index. It's a 50:50 chance, ie. a so simple thing. Still so hard to win consistently, or most of the time... :)
 
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