Quote:
|
Originally Posted by traynor
No one wants to pay good money to hear an expert destroy his or her cherished illusions about small sample models.
|
You greatly underestimate bettors, or overestimate yourself. Maybe it is some of both. One thing you obviously underestimate is the value of small samples. The game is parimutuel, so if you wait too long, many of those big samples will only show you what formerly worked, not what works now.
There is value in both short and long term models IF you know how to use them.
