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    Profitability of simple fixed strategies in sport betting: Soccer, Portugal Liga I, 2009-2019
    Profitability of simple fixed strategies in sport betting: Soccer, Portugal Liga I, 2009-2019
    Profitability of simple fixed strategies in sport betting: Soccer, Portugal Liga I, 2009-2019
    Ebook84 pages14 minutes

    Profitability of simple fixed strategies in sport betting: Soccer, Portugal Liga I, 2009-2019

    By Igor Stukanov

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    About this ebook

    A simple fixed strategy is a strategy to bet the same fixed amount of money on a particular event, for example that a home team wins, for all games in a pre-selected group of games.

    In this book calculations of profitability of fixed strategies in soccer for 2009-2019 Portugal Liga 1 seasons are presented.

    All games are divided on groups, based on implied probabilities or which team is a home team or an away team. For each group profitability (return on investment -ROI) is calculated for each season. For example, if we look into the table with games where Boavista was a home team, we can see that betting on this home team in 2017-2018 season would give us over +74% return on all bets. If we look into the table with games where average implied probabilities for a home team to win are in the range of [0%,10%], we see that betting on home teams would give us over +126% return on all bets in 2017-2018 season.
    LanguageEnglish
    PublisherHarry Wiseman
    Release dateJan 14, 2020
    ISBN9788835358701
    Profitability of simple fixed strategies in sport betting: Soccer, Portugal Liga I, 2009-2019

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      Book preview

      Profitability of simple fixed strategies in sport betting - Igor Stukanov

      money

      Profitability of simple fixed strategies in sport betting:

      Soccer, Portugal Liga I, 2009-2019

      Igor Stukanov

      Copyright © 2020

      Preface

      A simple fixed strategy is a strategy to bet the same fixed amount of money on a particular event, for example that a home team wins, for all games in a pre-selected group of games.

      In this book calculations of profitability of fixed strategies in soccer for 2009-2019 Portugal Liga 1 seasons are presented.

      All games are divided on groups, based on implied probabilities or which team is a home team or an away team. For each group profitability (return on investment -ROI) is calculated for each season. For example, if we look into the table with games where Boavista was a home team, we can see that betting on this home team in 2017-2018 season would give us over +74% return on all bets. If we look into the table with games where average implied probabilities for a home team to win are in the range of [0%,10%], we see that betting on home teams would give us over +126% return on all bets in 2017-2018 season.

      Implied by odds probabilities are calculated in the following way:

      z=1/oh+1/od+1/oa, where

      oh are final

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