Demystifying Betting Myths
Statistics are the language of betting; learn to speak fluently, and the market will reveal its secrets.

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Tag Archives: odds calculation

Cheerful soccer fan girl devoted to Germany / Frohsinniges Fußball-Fan-Mädchen Deutschland gewidmet

Who’s Going to Win the 50th German Bundesliga Title?

With just under 3 weeks to go until the start of the “Golden Jubilee” Bundesliga season we take a look at the 18 teams in contention for the title and statistically assess their chances of winning the Meisterschale next May. Defending...
Wizard with glowing magical orb / Zauberer mit glühender magischer Kugel

Soccerwidow’s Value Betting Results: 274 Bets, from 07/12/2011 to 30/06/2012

The end of the month has arrived once again and following 29 match analyses encompassing 67 more value bet recommendations, it is time for our usual reckoning. June was indeed an exceptional month realising a yield of 16.4%. The formulas and...
Man and woman heads shown as percent sign / Köpfe von Mann und Frau dargestellt als Prozentzeichen

Are Odds at Betting Exchanges Always Better than with Bookmakers?

The answer to this question is unequivocally YES and only in rare or extenuating circumstances are odds in betting exchanges priced less than with a bookmaker. The reason is simple: If the ‘back’ price for an event with a bookmaker...
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...
Teacher standing near blackboard in classroom / Lehrerin in der Nähe der Tafel im Klassenzimmer

Understand Odds: Cup Finals and International Tournaments, played at neutral venues

Both sides of the coin… The ‘true’, ‘fair’ or ‘zero’ odds are all synonyms for those odds which exactly reflect the statistical expectation of an event. For example, the ‘true’ odds for the...
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...
Financial reports, calculator and pen / Finanzberichte, Taschenrechner und Stift

Similarities and Differences between Stock Trading and Football Betting

Analysing Investments In the stock market there is a rule of thumb: Buy shares when the stock chart heads in a direction from bottom left to top right, and don’t burn your fingers when the curve is falling from top left to bottom right. Whether...
Golden piggy bank standing out from the others / Goldenes Sparschwein zwischen vielen anderen

Sharp Betting: Sports Betting as a Permanent Source of Income

Fortune Favours the Educated: There are only three guaranteed ways of making regular, long-term profits from betting: Arbitrage Trading (Both requiring large numbers of transactions for a steady drip-feed) ‘Sharp’ or ‘Value’...
Female fortune teller holding a crystal ball to her eye / Wahrsagerin hält eine Kristallkugel am Auge

What Does ‘Form’ Mean in Football?

Please Discuss… Now and again Soccerwidow receives enquiries as to whether we consider ‘form’ in our match analyses and value bet recommendations. The reader will have to excuse our increasing ignorance of the concept of ‘form’...