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Archive: Page 7

EPL 2009-14 - PL home odds inflection points

Finding Betting Odds Inflection Points – Bet and Win

Inflection points are the points at which the curvature or concavity on a curve changes from plus to minus or, from minus to plus. Translated into layman’s language – the turning points on the profit/loss graph where profits turn...
Red pen on a calculator beside a piggy bank - save on costs, expenses, and budget / Roter Stift auf einem Taschenrechner neben einem Sparschwein - Kosten sparen und Ausgaben reduzieren

Arbitrage between Bookmakers and Cross Market Arbitrage

(1) Arbitrage between Two Bookmakers in One Betting Market This is the classic form of sports arbitrage (sure bets) in football betting. The arbitrage opportunity relies on at least two bookmakers evaluating the same event differently, each...
Percent cubes, 3D image / Prozent-Würfel, 3D-Bild

Probability, Expectation, Hit Rate, Value, Mathematical Advantage: Explained

Introduction The terms probability, expectation, likelihood, chance and hit rate are all closely related, and express more or less the same thing. The difference is that before a game one talks about ‘chance’, ‘probability’,...
Traditional bookmakers betting shop / Traditioneller Buchmacher Wettshop

Value Betting versus Gut Feeling

Surprisingly, it seems that there are many sports bettors who make their selections in much the same fashion as the multitude of people who select random numbers on their weekly lottery slips. Whilst the lottery player may opt for personal numbers...
Young woman opening empty coin purse / Junge Frau, die eine leere Geldbörse öffnet

Get Permission to Use Images Displayed on Soccerwidow

Copyright Law & Licencing The images we use for illustration purposes throughout this website are often stock photos, purchased from outstanding libraries such as Shutterstock. Image: alexkatkov (Shutterstock) We sometimes modify these...
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...
A pile of white dice / Haufen weißer Würfel

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...
Alexa Logo

Alexa Rank, Visitor Count & Country Popularity – Accuracy Problem

What is Alexa Ranking? How Important is it? In order to compare websites and evaluate their popularity there are several tools on the Internet which generate comparison information. One of the most well-known is Alexa Rank. Alexa is a subsidiary...
Soccer ball on cell phone; broken glass mobile phone / Fußball bricht durchs Handy; viele Glasscherben

Website Traffic Report: Soccerwidow / Fussballwitwe – October 2013

It is not just website owners who are interested in how their site performs or how much traffic their website receives. Concrete information about website traffic, visitor numbers, and page views is also particularly interesting for agencies...