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.

Why hit rate alone is not enough

A strategy can win often but still remain unprofitable because of low coefficients. And vice versa, with high coefficients a profit is possible even with a relatively small share of wins. Therefore hit rate and average coefficient must be considered together.

Break-even point

Minimum hit rate ≈ 100% / coefficient

With identical coefficients and stakes the break-even point for a coefficient of 1.5 is about 66.7%, for 2.0 — 50%, for 3.0 — about 33.3%. The actual result also depends on the distribution of coefficients, voids and the rules of bet settlement.

Where to view the metric

In BetLab hit rate is displayed in the algorithm statistics and bot ranking. On the “Leagues” tab it can be viewed separately by tournaments and the strategy results in different championships can be compared.

Related terms

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.
Avg. odds Average coefficient is the average value of the coefficients on the algorithm’s signals for the selected period. Together with the hit rate it helps to assess whether the strategy wins often enough to obtain a positive result.
W/L in a row Series are the number of consecutive wins (W) or losses (L). The metric helps to assess the stability of a strategy and to understand what periods of unsuccessful results one needs to be prepared for.
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.

All glossary terms