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Man with calculator sunk into a heap of paper / Mann mit Taschenrechner versenkt in einem Papierhaufen

How to Calculate Average Odds in Football Betting

Sometimes it is necessary to figure out the average odds from a set of betting odds which can then be used as the basis for further calculations. For example, computing deviation and variance. When using odds in European format (decimal) you...
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What is a Bet? What are Odds? What is a Stake?

The only one of these terms which is obviously straightforward is ‘Bet’, and I am sure all of you understand what a bet is. Even the term ‘Stake’, at least so long as it is money related, is easily understandable. Whatever level your...
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What is the Ideal Sample Size for Accurate Predictions?

A common problem faced by data analysts is to decide upon the required sample size. This can be estimated by using various calculations and distribution functions. However, even if a statistician is readily available, the answer is not necessarily...

Betting Odds Converter – Fractional, Decimal, Moneyline, Hong Kong, Indonesian, and Malay

Quick Odds Converter to switch odds between US, decimal, fractional, percentage, Hong Kong, Indonesian, and Malay formats – converts odds into their implied probabilities and net returns, and vice versa – converts probabilities and...

1×2 Full-Time Table of Records – Value Bet Detector with H2H history

The 1×2 Full-Time table of records is a compilation of HDA data from 417 completed Value Bet Detector spreadsheets from 24 countries around the world. (League games with H2H history). The data set represents a statistically significant...
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How Bookmakers’ Odds Match Public Opinion

A question we often receive from readers is why the Value Bet Detector requires 10 years’ head-to-head (H2H) data and why it is optimised to address matches where there has been a minimum of six H2H meetings in this time frame. Image:...
Lay Draw EPL 2008-09 to 2011-12

1×2 Betting System: Analysis of HDA Data and Strategy Development – LAY THE DRAW

Numerous Web sites and forums pay homage to the Lay The Draw strategy with prolific threads from supporters claiming to have found extremely lucrative 1×2 betting systems. Therefore, I have decided to explore lay the draw betting in detail...
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Calculating Odds for League Newcomers is Unpredictable

We often receive queries asking how to calculate odds for league newcomers and why we don’t develop a Value Bet Calculator for league matches involving teams without head-to-head (H2H) history, or their respective last 25 matches being in...
How to Input Odds Video Screenshot

Video Tutorial: How to Input Best Market Odds into the True Odds Calculator

This is the last in our series of video tutorials regarding the filling-in of data into the True Odds and Value Bet Calculator Excel spreadsheet. Here you will learn the input process of market odds from sites such as www.betfair.com into the...
Screenshot from the Value Bet Calculator video tutorial how to input historical match and H2H data

Video Tutorial: Input Historical Football Data and H2H Results into Value Bet Detector

Our darling Soccerwidow is at it again with another eastern European rendition in our series of video tutorials showing you how to input historical football data into the Value Bet Detector for league games with head-to-head history. Enjoy the...