Closed

Mathematical Model of Filtered Racing Picks + Results

We require statistical analysis to develop a mathematical model which will enable parties to make a consistent profit from horse racing results.

We will provide filtered horse picks, both historic and ongoing (to test the model once in play). We will be providing 4 or 5 horse tips per race at revised indicative prices and ratings, as shown in document_1. Whether the ratings form part of the best model are at the discretion of the contractor.

Contractor is then to examine results of races using any sports betting site and determine if a correlation exists between proposed odds, ratings and actual race results. Actual results must have a positive rate of interest above 20%. Where rate of interest is defined as profit/expenditure. I.e. if we bet $500, we expect on average a $100 profit each day.

Pending model design, we will provide ongoing sets of horse picks for which you, the contractor, can follow and prove your model.

Payment from us will be due upon proof of model's success.

We will not reserve rights to the model, merely the best of picks we determine for it. You, the contractor, can continue making a personal profit whilst we do.

Further work exists for the successful contactor with more information provided at a later stage.

The ability to take the data provided and based on race results to turn it into a successful model presents a huge opportunity for the contractor. Please find attached in Document_2 a sample model (one that is overly simple).

Skills: Algorithm, Data Processing, Mathematics, Statistics

See more: us algorithm, test algorithm, statistics algorithm, statistical algorithm, sample prove it test, prove it test sample, make a statistics site, make algorithm, find-s algorithm in c, develop algorithm, algorithm test, algorithm statistics, algorithm of the day, algorithm and analysis, us horse, tips betting, statistical model, sports statistics, sports bet, racing, picks, model based design, horse racing results, horse odds, correlation

About the Employer:
( 0 reviews ) Melbourne, Australia

Project ID: #4633327

8 freelancers are bidding on average $1297 for this job

WebDesignall

Hi Sir We have experience in this kind of project, we have done similar project to Soccer, and we are finishing one for NFL, we have phd level, you can check our profile and reviews, our team have the expertise to m More

$1666 AUD in 45 days
(43 Reviews)
6.6
ProDataAnalyzer

Please check PM for details.

$2000 AUD in 3 days
(25 Reviews)
5.2
VolKa

Hi. I think I can do this. Please see PM with examples of similar projects done. Regards.

$777 AUD in 20 days
(30 Reviews)
5.1
nhatvo

Please check PM, thanks.

$1159 AUD in 3 days
(2 Reviews)
2.7
usman710

Hi i'm Masters in telecommunication engineering. I have experience in predictive programming. I can do this project for you building classifiers in NEURAL NETWORKS. Check my profile for details

$1000 AUD in 45 days
(1 Review)
1.4
mangotte

Hi, As statistical modelling specialist, I think I could handle your project with success. Please see my PM. Sincerely, Olivier Tisserand

$1444 AUD in 20 days
(0 Reviews)
0.0
paragstat

We are Team of experienced Statistician in Developing Predictive Models in sports.

$1500 AUD in 30 days
(0 Reviews)
0.0
Prateek151

We have basic understanding of the project and have prior experience in statistical modelling and analysis. We use SAS/SQL/Excel to prepare and analyse data. Please check PMB

$833 AUD in 20 days
(0 Reviews)
0.0
betaenergy

Dear Sir, I'm 15 year experienced Electronics Engineer whose working area is directly related to your project. I have designed several system which is related to your project. I have high level experience about hard More

$1250 AUD in 3 days
(2 Reviews)
0.0