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Profitability of simple fixed strategies in sport betting: Soccer, Italy Serie A League, 2009-2019
Profitability of simple fixed strategies in sport betting: Soccer, Italy Serie A League, 2009-2019
Profitability of simple fixed strategies in sport betting: Soccer, Italy Serie A League, 2009-2019
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Profitability of simple fixed strategies in sport betting: Soccer, Italy Serie A League, 2009-2019

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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 Italy Serie A League 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) is calculated for each season. For example, if we look into the table with games where Sassuolo was an away team, we can see that betting on this away team in 2017-2018 season would give us over +73% 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 [80%,90%], we see that betting on the draw would give us +650% return on all bets in 2011-2012 season.
LanguageEnglish
PublisherHarry Wiseman
Release dateJan 8, 2020
ISBN9788835367000
Profitability of simple fixed strategies in sport betting: Soccer, Italy Serie A League, 2009-2019

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    Book preview

    Profitability of simple fixed strategies in sport betting - Igor Stukanov

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    Profitability of simple fixed strategies in sport betting:

    Soccer, Italy Serie A League, 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 Italy Serie A League 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) is calculated for each season. For example, if we look into the table with games where Sassuolo was an away team, we can see that betting on this away team in 2017-2018 season would give us over +73% 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 [80%,90%], we see that betting on the draw would give us +650% return on all bets in 2011-2012 season.

    Implied by odds probabilities are calculated in the following way:

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

    oh are final odds that a home team will win

    od are final odds that will be a

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