Simulating the Head-to-Head MAFL Fund Algorithm

Over the past few months in this journal we've been exploring the results of simulations produced using the five parameter model I first described in this blog post. In all of these posts the punter that we've been simulating has generated her home team probability assessments independently of the bookmaker; statistically speaking, her home team probability assessments are uncorrelated with those of the bookmaker she faces.

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