We fixed THAT BUG
A small thing can turn challenge into horror.
It all began in July. The new football season 2023/2024 started on the optimistic background: profitability of our main betting strategy reached astounding 30,000 Euro, strategies for almost all individual bookmakers and for all manual betting systems demonstrated profits, too.
Then we wanted to accelerate our profitability a bit, especially for individual bookmakers and manual bets - we introduced sharper predicting models based on “one versus rest“ concept, sacrificing integrity for the sake of profitability. We make few cosmetic changes here and there, and gave it a go.
Then we started to lose.
Okay, we waited some time, to understand if losing was just temporary thing. No, it was persisting. We found some minor bugs here and there, but fixing them did not help.
We admitted anomaly in quantity of scored goals - this season is obviously very good for fans so far, but for our predictions it became a challenge. Okay, is that a problem? No, not at all, the time said.
We tried to make models even more profitable, even sharper - to overcome losses; however in return it made things worse.
Finally we decided to return to our conservative models at the beginning on September - at that times our main strategy already fell from 30,000 to 3,000. Should it help? In theory yes, on practice no - our fall continued.
And then, when we already fell below 1,000; we FOUND IT. A small, harmless cosmetical thing.
It was called to make sure we select less risky results - but, due to non-intuitive math, it caused quite the opposite - it made our algorithms to select RANDOM RESULTS, assigning high expected yield to games with actually expected losses. The sharpness of our models, the goals scoring anomaly - all this just made the bug hitting us harder.
We fixed that thing at 25th of September, and now after 8 days of running in production we are slowly returning confidence in what we are doing.
We learned despair. But what to do now?
The most important thing: We are sorry! It will never happen again!
The slightly optimistic outcome of this story: even under highly negative chances, our investment algorithm did not allow us to lose it all, we are still profitable in our main strategy and even at some of individual bookmakers!
To start the new chapter, we are going to relaunch manual bets and individual bookmakers tomorrow, at the 4th of October - we believe this will be useful for you, to see more bets than you currently can see, due to smaller budgets left there.
We hope you can understand, and we hope we can win your trust once again, and do it soon!
With apologies…
Stay calm, stay healthy, stay with us!