I'm a student doing my dissertation on matched betting - help needed please!

tranban

Nick is right,I make a conservative 3k every month,but some people have 15 kids, 30 relatives, 50 pets and a slave sharb network and make 20 times that :money: difficult to compare.

DanielD2008

tranban wrote: »

Nick is right,I make a conservative 3k every month,but some people have 15 kids, 30 relatives, 50 pets and a slave sharb network and make 20 times that :money: difficult to compare.

I told you that in confidence.My wife doesnt know about 28 of the 30 kids.

MysteryPunter

I don't think this survey is going to provide particularly useful data... [that's the polite response, from someone qualified in quantitative analysis].

Even assuming you receive entirely honest answers, the simplicity of your survey means you will not be comparing like with like. Some are happy to take risks where there's expected value, others aren't. Some have more surviving accounts with bookmakers than others. Some have access to huge bankrolls to support, others don't. To give just a few examples of variables you are not controlling for.

I'd compare the question you've asked here to trying to draw conclusions about investing from....
"How much money do you make per month investing?"
"How many hours do you spend investing per month?"

MP

Marco84

DanielD2008 wrote: »

I told you that in confidence.My wife doesnt know about 28 of the 30 kids.

That's the risk of those kind of films.

DanielD2008

Its not all my fault though.

deadsneaky

DanielD2008 wrote: »

I told you that in confidence.My wife doesnt know about 28 of the 30 kids.

DanielD2008 wrote: »

Its not all my fault though.

I suppose the nanny goat does share some of the responsibility.

DanielD2008

How rude!!!!

MBJames

Thank you to anyone that has filled it, it is massively appreciated. I understand all the comments on it being very basic. I would like to do more thorough research just on matched betting however the university regulations limit what I can do. I have to look at past academic literature, of which there is basically none, which is why it is linked to the stock market. I understand there are numerous limitations, but these are things that will be mentioned as limitations in my dissertation. I also have limited time to write it so have to be selective and then I can suggest further research into matched betting. The numbers will be very rough and I know there are many methods to make money from matched betting, from experience, but I just need basic information for this. Plus too many questions and no one will want to answer the questionnaire!

MBJames

MysteryPunter wrote: »

I don't think this survey is going to provide particularly useful data... [that's the polite response, from someone qualified in quantitative analysis].

Even assuming you receive entirely honest answers, the simplicity of your survey means you will not be comparing like with like. Some are happy to take risks where there's expected value, others aren't. Some have more surviving accounts with bookmakers than others. Some have access to huge bankrolls to support, others don't. To give just a few examples of variables you are not controlling for.

I'd compare the question you've asked here to trying to draw conclusions about investing from....
"How much money do you make per month investing?"
"How many hours do you spend investing per month?"

MP

I understand your points entirely and I'll mention limitations like that. I plan on making different scenarios/assumptions when I compare the data. The questionnaire is simple so that the questions apply to everyone and I get data that isn't so detailed it takes me forever to analyse; as there will be so many different types of responses. This is also only a dissertation and not a thorough academic piece of literature but I appreciate the points you've made.

whiteybt

For me the hardest bit is trying to establish a consistent definition of matched betting. As many on this forum know, the line between matched betting and +ev gambling is very fuzzy.