What problem does it solve?
This Skill helps users track, analyze, and interpret their betting results, enabling them to evaluate their edge and manage risk effectively.
Core Features & Use Cases
- Bet Logging: Record bets at the time they are placed, including odds, stake, and model probabilities.
- Outcome Resolution: Update open bets with actual results once the game concludes, calculating profit or loss.
- Live Performance Metrics: Generate statistics such as win rate, ROI, drawdown, and average CLV to assess betting effectiveness.
- Edge Detection: Detect signals of positive or negative expected value through CLV and win rate analysis.
- Risk Management: Provide alerts for drawdowns, persistent negative CLV, and staking issues to prevent substantial losses.
- Significance Testing: Conduct statistical tests to verify if a winning pattern is significant or likely due to chance.
Quick Start
Log each new bet immediately after placement to keep records consistent and then regularly update with outcomes and CLV calculations to review performance metrics.