Software Test - QA

Just 2 days back I saw a similar post about winning 8K INR, it looks like the Stake app advertisement.

Well, I had both the posts pop on my feed back to back. Turns out it was the same person

Software Engineer

Software Developer

Congratulations on the winnings! @AppleMartini  
  
 Not to be a party pooper but even with mathematical prowess, gambling can quickly go south (and also become addictive) so a small word of caution : please play carefully.  
  
 Happy playing ( and winning )

You are just riding on your luck mate. Don't promote gambling.

Machine Learning Engineer

Can we add and withdraw money in INR from Stake ?

There were some people who said that Machine Learning models don't work. I would be inclined to agree that they don't always but you don't really have to be right always.   As long as your EV on ...

Welcome to Software Engineers's Private Community

There were some people who said that Machine Learning models don't work. I would be inclined to agree that they don't always but you don't really have to be right always. 

As long as your EV on implied odds is better than sportsbook then you are likely to make outsized gains that coup up losing trades.

Here's how I did it: https://share.gvine.app/scQZSZKqE6Rrmv5k9

Made Rs. 32,000 in a day using Machine Learning

Lawyer

Made Rs. 32,000 in a day using Machine Learning- Grapevine

Here's how I modelled my data:
1. Got statistics of the entire Pak and Ind squads with their last 5 performances.
2. Got statistics of Last 3 games at Nassau County Stadium.
3. Got betting odds for all of these matches.

Used a very simple XGBoost model to get the implied odds for betting odds and compared it to the actual odds.
Model did well on Test and Validation set using K-Fold Cross Validation.

Compared the predicted odds and actual betting odds, figured there is some positive E(V) here.
So made two bets of 10k each. Made 8k in 1 match.

Unemotional after winning and unemotional even after loss.

Made Rs. 8000 using Machine Learning models in 1 day...

I asked ChatGPT what this means:

Firstly, this individual gathered a lot of data, including statistics about the players in the Pakistan and India cricket teams, their recent performances, data specific to the Nassau County Stadium for the last three games, and also the odds that bookmakers were offering for these matches.

They then used a machine learning technique called XGBoost to analyze this data. XGBoost essentially helps predict outcomes based on given data. In this case, it was used to predict the implied odds for the matches based on the statistics gathered.

To make sure their predictions were reliable, they tested their model on separate sets of data (Test and Validation sets) using a technique called K-Fold Cross Validation. This helps ensure that the model performs consistently well across different datasets and doesn't just work well by chance.

After comparing their model's predictions with the actual betting odds, they found that there was a positive expected value (E[V]). This means that, on average, their model was predicting odds that were better than what the bookmakers were offering.

Feeling confident in their model, they made two bets of 10k each. In one match, they made a profit of 8k.

What's impressive here is that this approach seems to have paid off, indicating that with the right analysis and data, it's possible to make informed betting decisions. Additionally, the individual remained unemotional both when they won and when they lost, which is crucial in maintaining a rational approach to betting.

Software Analyst

Welcome to Indian Startups's Private Community

Becoz of GST many companies are pivoting or changing gaming algo to make players loose to pay GST. Game of chances are being launched

1. MPL , Launched betting games 
2. Zuppee , teen patti and betting games 
3. Games craft , rummy circle rigged card distribution
4. Tradex , Probo Mostly will shut down 
5. Rummy apps , Better opinion , tamasha and other small companies are planning to shut down RMG part
6. Nazara acquired RMG companies are unable to operate 
7. Octro is closing the RMG app. 

What more ? If anyone knows do share up.

RMG (Real money Gaming) companies going dead

Hoping they all close ASAP. 28% GST  is not enough. It should be higher at 50%.

Westerners used Internet and computing to design better planes and build better engines, our guys are using it to play cards.

Consultant

Founder

Welcome to Personal Finance's Private Community

Every month my salary gets credited I barely spend 20% of it the rest of it is just sitting around in my bank account it's already above 5L. I keep thinking of investing it in stocks/mf but it's a lot of work 😔 

What do you guys do with your salary, it would be great if you can share your investment strategy and how do you keep yourself motivated to stick to it

What should I do with my money

Was analysing my trades over the last 3 years to understand my best and worst trades ever, then coupled that with my "Trade Diary" to see what were the difference of thoughts between both trades. 

I was levered heavily on these F&O trades by holding a margin position. Made ~73k that day with a Capital at Risk/Trade under 25k at all times.

I have since left F&O, I have found better use of my time elsewhere and taxation on F&O income is not worth it anymore to me. 

What about you all? Any trades/lessons to share for all of us?

What are your best lessons from the stock market?

Product Manager

If I can do it anyone can. being a women and reaching this seems an accomplishment started with 5000 rs salary no one had faith I could do this.

Reached a milestone today! started with 5000rs salary

Wow 🎉🎉 
 Just curious what was the period and what do you do ?

Welcome to Fintech India's Private Community

as the title suggests , what is you opinion on earning a something little extra from stake or something like that?
i'm not talking about winning 100x or something , but something like 1.1x of what i've put on stake ?

for example
1.1x of 1000 and 3 to 5 bets everyday would be like extra 9k-15k per month

please advice me on this , cause it might be sounding too dumb and im weak at maths.

opinion on stake and gambling

Has anyone actually found a side hustle that makes more than your 9-5?

Side Hustle

Hello folks. While I'd like to remain anonymous very much, here's what I can share about myself.

1. Working in consumer finance.
2. Love personal finance and helping people out with it.
3. Have published 10,000+ pieces of financial content in the mainstream media.
4. Wrote a best-selling book on money management. It was No. 1 on Amazon once upon a time. 
5. Lately been appearing on TV regularly for personal finance discussions.
6. Saved like crazy through my 20s and 30s, brought two apartments; have an 8-figure net worth mostly thanks to my mutual fund investments. It's not much but it's hard-earned.
7. My unrealised aspiration is travel and I'm working on it now.

No, I'm not selling anything. No commissions, no referral links, no finfluencing. 

Just want to talk, exchange ideas, and learn from you all. Maybe I'll feature you in my next book. :)

Ask me anything.

Let's talk money habits.

Corporate Strategist

Navi Technology founded by Sachin Bansal is doing mass layoffs which started on Tuesday (11 July)

Mass Layoffs at Navi Technology

Damn no wonder they are firing 
 I know some average freshers who joined at 21 base last year  
 Overpaying for average talent always results in firing in startups,is what I have observed

Data Scientist

ANY INTRADAY GYAAN FOR BEGINNERS

Welcome to Product Managers's Private Community

Hey everyone, happy to answer any questions around Data Science/ML/AI and making a career within it

A brief about me, I work currently as a Sr. ML Engineer at an Indian unicorn startup 
I graduated 5+ years ago and have since worked as a Data Scientist / ML Engineer at an ecommerce company and social media company. My designations have changed based on the industry requirements and work too changed based on that.

Would love to take questions on what it means to be an ML Engineer, my early learnings from a career in data science, and thoughts on AI.

Look forward to all questions :)

AMA 🎙️: Hi, I am diffusedbandit, Senior ML Engineer at an Indian Unicorn

What are some things that I could do if I want to learn the art and eventually participate in professional level poker?

I have played a lot with friends but I really want to go deeper into it.

Made Rs. 32,000 in a day using Machine Learning

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