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Your current MLP model claims an overall accuracy of 70.4%, which is only slightly better (ca. 2%) than betting only on favorites :(. For reference see the attached figure below, which calculates the chance to predict a fight correctly by only betting on favorites.
The text was updated successfully, but these errors were encountered:
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Model performance only slightly better than betting on Favorites
Model performance only slightly better than betting on favorites.
Feb 24, 2018
Your current MLP model claims an overall accuracy of 70.4%, which is only slightly better (ca. 2%) than betting only on favorites :(. For reference see the attached figure below, which calculates the chance to predict a fight correctly by only betting on favorites.
The text was updated successfully, but these errors were encountered: