So, calculations indicate that the ‘true’ odds for Bayern Munich’s home matches in the ‘under 4.5 goals’ market are 1.31. The best price available via bookmakers and betting exchanges for the next match is 1.23. What should the prudent betting decision be? Should you ‘back’ or ‘lay’ at the offered price? What is the mathematical ‘value’ of this bet? What is the statistical probability of winning the bet? What are ‘true’ odds and how are they calculated?
If you are already a competent bettor and able to reply to this spectrum of questions without hesitation, then Soccerwidow’s Course is probably too basic for you. However, if you are unsure and need a refresher or, have no idea but would like to learn how to calculate odds professionally and understand how the market arrives at the prices offered to bettors, then this course is ideal.
Finding an ‘Edge’ over the rest…
Here at Soccerwidow we are pleased to present our most comprehensive betting course yet, which will enable you to calculate the expected betting odds, identify ‘value’ bets and formulate strategies to bet unemotionally and confidently for a long-term profit.
The course will educate you or consolidate your ability in calculating percentages and probabilities, predicting market odds, and computing what the market odds should more realistically be.
You will be guided through a step-by-step process, analysing statistics and raw data to find the pricing ‘edge’ with each bet, being encouraged to ‘master’ each section of the course before moving onto the next with a series of exercises and test questions.
The example used to illustrate each of the principles is the under/over ‘X’ goals market, which is popular amongst betting exchange users, and we go on to explain how the market odds at the opening of a market are formed and how to compare the relative strength of individual teams by cluster grouping the statistical records of each for more accurate predictions.
You will learn the fundamentals of odds calculation and the knowledge acquired can be applied to any market of your choice, not just the under/over ‘X’ goals market.
However, please be aware that this course will not teach you how to get rich quick. Getting rich fast with betting is a false economy and only through the logical progression of hard work and determination can you hope to make long-term, regular profits.
The contents include:
Section A: Basic Knowledge
Probabilities, odds, value, profit and loss calculation:
1. Calculation of the expected market prices
1.1. Goals in the Bundesliga
1.2. Exercises in calculating percentages
1.3. Expected odds for the Bundesliga
1.4. Exercises in calculating probability and odds
2. Evaluation of individual teams
2.1. Exercises in interpreting graphs
2.2. Computing the ‘zero’ (fair) odds
2.3. How is ‘value’ calculated?
2.4. Exercises in calculating probabilities, odds, value, profit and loss
Section B: Cluster groups and betting tables
3. Building cluster groups
3.1. What are cluster groups?
3.2. Cluster grouping according to the relative strength of opposing teams
3.3. Exercises in cluster group building
4. Betting tables under/over ‘X’ goals
4.1. How to read and understand the betting tables
4.2. Exercises in calculating and forecasting market odds
4.3. Finding potential value bets in the betting tables
4.4. Exercises with cluster groups and identifying bets
In its entirety (1.29 MB), the course comprises 69 pages, over 11,500 words, 44 example tables in the body of the course, 18 betting tables (home and away for nine Bundesliga 1 teams), plus a whole host of exercises and practice tests to enable a full grasp of the topic.
An example betting table in the body of the course will look as follows:
Once you have absorbed the principles of ‘value’ and possess the ability to calculate a mathematical advantage or ‘edge’ over the market odds offered for an event, it naturally follows that betting becomes purely a numbers game in the pursuit of regular profits.
To summarise, this course provides sound advice in an easy to follow step-by-step guide to learning odds calculation, identifying ‘value’ in the market (i.e identifying which bets to place and which to leave alone), and in calculating potential profits and monitoring your performance.