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Betting Ideas And Money Management In Soccer Betting

Betting Ideas And Money Management In Soccer Betting

Soccer specialists give you betting suggestions, the media publishes the latest news about the opponent groups and their key gamers, bookmakers assist hundreds of betting methods. Nevertheless, once you finally place your large wager on a certain favorite, this is the time to begin praying. Unfortunately, the world of soccer betting is kind of unpredictable. There are literally thousands of factors enjoying in opposition to us. How can we cut our betting losses? The only option to do it is by utilizing cash administration strategies. This article summarizes the methods and strategies of betting cash administration and supplies a statistical comparison of their efficiency based mostly on betting odds and match results of top European leagues.

The commonest betting money management strategies in our days are: Martingale, Row of numbers and Kelly criterion. While the first don't require any prior information, Kelly criterion requires the punter to know the probability of a win.

Definitions

Earlier than presenting the performance analysis, a short description of the above-mentioned strategies is important:

-- Martingale strategy means doubling the stack after a loss and returning back to the starting stack after a win. This strategy is the most well-liked immediately and promises constructive income, however requires intensive money investments.

-- Row of numbers means planning a series of fixed profits. Given betting odds, the punter calculates every stake in a approach that may permit him to make the deliberate profit. In case he loses, he ought to enhance the next stack in such a way the revenue will return each the cash already misplaced and the planned income for the lost games. This strategy is less aggressive than Martingale but nonetheless dangerous.

-- Kelly criterion: mathematically proven to be the perfect strategy in the long run. Nevertheless, it requires figuring out the likelihood of a win. The stacks are calculated in proportion of the dimensions of your funds and based on the relation between the likelihood of a win and the betting odds. When chance and odds are high, a high stack shall be positioned and vice versa.

Data and Methods

With a view to consider the performance of each strategy, we analyzed the betting odds set by bookmakers for the top European leagues. Imagine that bookmakers are punters who place a stake on a favourite with minimal betting odds. One can easily estimate the likelihood of a win by dividing the common number of house/draw/away outcomes by the total number of games in a season.

The betting odds and outcomes are taken from the four European prime leagues playing within the 2008/2009 season: judi bola online terpercaya (her comment is here) English Premier, French Ligue 1, German Bundesliga 1 and Spanish Primera Division.

Abstract

-- The outcomes show that Kelly criterion is one of the best money administration strategy of the three with a median profit of +5% compared to +1% (Row) and +1.2% (Martingale).

-- The most revenueable was the French Ligue 1 with a betting revenue of +22% (Kelly), +9% (Row) and +10% (Martingale).

-- The least revenueable was the English Premier League with a betting loses of -10% (Kelly) ), -9% (Row) and -eight% (Martingale).
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