Charlie and the Laydroid

So, if you're a follower of Punting Form on facebook, you've probably been seeing the tips coming from the Tipdroid every morning. And if you've been using those tips to inform your bets, then you're probably pretty angry by now. And you should be. Angry at yourself. I mean, I warned you that I was still working on how to best use the robot and as it turns out, the best way to use it is to bet against whatever it tells you.

Things started out promising. At first, I was betting on everything, even the mildest hits, and I was doing pretty well out of it. I was placing lots of little bets every day and hitting on enough of them that my betting bank was steadily climbing. But the thing was, there were just too many runners to have them go up on facebook and I had to find a way to narrow it down to just the very best bets. That's where I started to run into trouble because it turns out that the Tipdroid's built-in methods of measuring confidence were completely unreliable.

I've been tweaking and testing (and occasionally kicking, punching and spitting) for a month now and the so-called "high-confidence tips" that were being pushed through to the facebook people, well they've just been getting worse and worse. And as I fiddled with the settings and connections, I managed to screw up the overall performance to the point where my dozens of little bets weren't doing so well anymore. Now I could just reset the thing to how it was before and I'm sure I'd do just fine again, but...apparently it's not all about me and I'm supposed to be providing a service here. So what to do?

The answer, I think, is to embrace the crappiness of the tips we've been getting. In fact, I'm going to try and make them even crappier. The Tipdroid was doing a great job of finding horses that should win but just don't, so let's run with that. From now on, we're going to bet against the droid (or at least, avoid betting ON it). The Tipdroid is dead. Long live the Laydroid.

Comments

Brystar posted this comment 11/11/2014 17:47:45 PM

Im sure this scenario is to have more twists than a packet of twisties lol
So when the tips start winning again do we then start betting on them ....snickers Good Luck :)

puntingform posted this comment 11/12/2014 11:14:56 AM

Punting Form does not advise betting on or against anything based on the droid's opinions at this stage. In fact, Charlie's position is under review at the moment and unless he can start getting some meaningful results, he may be out the door. And whoever hired him might share his fate.