Algorithm rating

Algorithm ranking is a BetLab section with published user strategies and their statistics. Algorithms that created more than 50 signals and showed a positive result are included in the ranking.

Conditions for inclusion in the ranking

The minimum number of signals helps to exclude algorithms whose result is based on only a few bets. However even 50 signals do not guarantee that the strategy will continue to show the same result in the future.

How to evaluate algorithms

One should not choose a strategy only by the highest ROI. It is important to simultaneously take into account the number of signals, average coefficient, hit rate, series and drawdown. Usually a result on a large sample is more indicative than a high ROI on a small number of signals.

How to use a found strategy

The card of a published algorithm can be studied and used as a basis for one’s own strategy. Before applying a modified version it is advisable to run retroanalysis and check it on new matches with the help of the collector bot.

Related terms

Algorithm statistics Algorithm statistics contain the main results of its signals: profit, ROI, hit rate, average coefficient, win and loss series and maximum drawdown. The data can be viewed for different periods and separately by matches and leagues.
ROI ROI shows the efficiency of a strategy — how much profit it generates relative to the total stake amount. Formula: ROI = (Profit / Turnover) × 100%. The metric allows comparison of strategies with different stake sizes and turnover.
Passability Hit rate shows the share of winning signals. For example, if 120 out of 200 settled bets won, the hit rate is 60%. The metric should be evaluated together with the coefficients: a high hit rate does not always mean a profit.
Algorithm card The algorithm card contains its main settings: prediction, filters, metrics and time conditions. It can be copied, saved or transferred to another user to view the strategy settings.

All glossary terms