Archive: Case Studies Subscribe to Case Studies

Man with measure tape and golden coins / Mann mit Messband und goldenen Münzen

Impact of the ‘Overround’ on Accumulators, Multiple Bets, and Parlays

Betting odds are supposed to reflect the probability (statistical expectation) that a particular event will happen. Image: Elnur (Shutterstock) Because bookmakers are profit-making enterprises who offer bets on the market, it is understandable...
Smiling business woman with a calculator / Lächelnde Geschäftsfrau mit einem Taschenrechner

Football Betting Permutations: 5 Cup Finals in 5 Days

Slim chance for the favourites? It has been a busy week in the world of football with the conclusions of many major tournaments across Europe, including the jewel in the crown, the UEFA Champions League final between Bayern Munich and Chelsea. Having...
Wizard with glowing magical orb / Zauberer mit glühender magischer Kugel

Soccerwidow’s Value Betting Results: 159 Bets, from 07/12/2011 to 30/04/2012

After five months of writing match previews and bet recommendations both in the English and German language versions of Betfair’s blog, it is time to review the results and ultimately compare them with Betfair’s own odds (i.e. predicted...
Goal full of soccer balls / Tor voller Fußbälle

Goal Distribution Comparison – EPL, Bundesliga, Ligue 1, Eredivisie

Judging purely from statistics, watching French league games must be rather boring as there are never many goals. Image: koya979 (Shutterstock) The Dutch, on the other hand, tend to have at least five goals in nearly 10% of their matches. From...
Wizard with glowing magical orb / Zauberer mit glühender magischer Kugel

Soccerwidow’s Value Betting Results: 109 bets, from 07/12/2011 to 31/03/2012

Patience and persistence is paying off. Since December 2011, Soccerwidow has published regular match previews and betting recommendations mostly for English Premier League and German Bundesliga 1 games in the German language Betfair blog. For...
Wizard with glowing magical orb / Zauberer mit glühender magischer Kugel

Soccerwidow’s Value Betting Results: 56 Bets, from 07/12/2011 to 29/02/2012

It is tricky to prove mathematically that betting success is not connected with luck because ‘luck’ is impossible to quantify or express in a formulaic manner. However, it is possible to show empirically that betting selections chosen entirely...
Computer mouse attached to football bearing 1X2 symbols / Computemaus befestigt an einem Fußball mit 1X2 Symbolen

Value Bet Test Evaluation – Three Months – 65% Bank Increase

In August 2011, Soccerwidow began a portfolio football betting exercise involving the backing of over-priced odds and the laying of under-priced odds, subject to certain calculated probability parameters. The picks were originally only published...
Rays of light through the window on a grail on an altar / Lichtstrahlen durch Fenster scheinen auf einen Gral auf einem Altar

Holy Grail: Lay 0-0 at Half Time

I have come across an interesting riddle which is worthwhile mentioning on Soccerwidow… This mystery was presented by a Dr Slicer approximately two years ago in the Betfair Community Forum and still causes headaches for many people! Dr Slicer...
Magnifying glass over many words highlighting Education / Lupe über viele Wörter mit Education (Bildung) hervorgehoben

VALUE Betting Example – Stuttgart Playing at Home

As this weekend sees the start of the 2011-12 German football season and many of my readers are from Germany, I am in the process of finishing my statistical evaluation of Bundesliga 1, and to give you an idea of the direction I’m taking here’s...
Three snails racing towards red finish line / Drei Schnecken rasen zur roten Ziellinie

Home – Draw – Away: Systematic Betting

The Numbers Game Between 2006-2011, if you had gambled unemotionally and systematically on all English Premier League matches to be home wins and placed a constant stake of 10 € per fixture, then at the end of the fifth season, your winnings...