Model performance only slightly better than betting on favorites.

[losersFocus]

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.

[jasonchanhku]

Note that this changes over time. At the time i started my project, it stated in that link that favourites was only 60%