Jump to content
** March Poker League Result : =1st Bridscott, =1st Like2Fish, 3rd avongirl **
** ELO Ratings are now back **

Value Bets (Football)


QPRMinty

Could this strategy have a future?  

5 members have voted

  1. 1. At first glance, do you think this strategy has the makings of something great? Or is it just another dud?

    • Yes, it looks like it has legs
      1
    • No, you've just been lucky so far
      1
    • Possibly, but it needs more time
      2
    • Umm.........
      1


Recommended Posts

Just now, QPRMinty said:

RESULTS

Bet 10: Lost (-1 pt)

===================================================

Start Points Balance: 100 pts
Current Points Balance: 96.96 pts      (after 5% commission)

Start Cash Balance: £250
Current Cash Balance: £234.79      (after 5% commission)

===================================================

On a bit of a losing run here, but 1 or 2 winners will put everything back on track.

:notworthy

Should say 'Bet 16'

Link to comment
Share on other sites

RESULTS

Bet 17: Lost (-1 pt)

Bet 18: Lost (-1 pt)

===================================================

Start Points Balance: 100 pts
Current Points Balance: 94.96 pts      (after 5% commission)

Start Cash Balance: £250
Current Cash Balance: £224.79      (after 5% commission)

===================================================

Link to comment
Share on other sites

RESULTS

Bet 19: Lost (-1 pt)

Bet 20: Lost (-1 pt)

===================================================

Start Points Balance: 100 pts
Current Points Balance: 92.96 pts      (after 5% commission)

Start Cash Balance: £250
Current Cash Balance: £214.79      (after 5% commission)

===================================================

Notes On Progress So Far

So, this strategy has entered another losing run but, as per the introductory post, this has happened before. I'm now looking to see if it recovers as well as it did last time. Based on the current strike rate of 33% (for all my selections going back to February), the 'Expected Losing Sequence' is around 12 bets.

Also, At these odds, a -7.04 point deficit can easily be overturned with 2 to 3 wins. Also to be noted is that many of the high-odds selections have ended in draws or lost by just one goal. For example, Bet 20 (Jaguares de Cordoba) at odds of 10 ended just 1-0 - hardly the whitewash that the odds suggested would occur. A few of those going my way and I'm back on track.

As a 'value' strategy', I'm not concentrating on which team is going to win, but on the probabilities and whether my calculations indicate that the available odds have value. Because of that, this is a long-term strategy.

Something also worthy of a mention is that the odds of recent selections seem to have been much higher than the norm. I'm not sure why this is, but I haven't changed anything, and the selections are thrown up mechanically.

But it is so typical that this goes into free-fall as soon as I begin publishing the selections!! But it's happened before and then gone on a huge winning run.

I've noticed a link between this strategy and another one I've been looking at - when one is booming the other is busting and vice versa. If I can work out the connection that would be very useful indeed.

I did mention higher up in this thread that I wondered if this could be a 'Summer' league only strategy, and the downturn does seem to have again coincided with the starting up of the winter leagues. None of my recent selections have been from the winter leagues, but I'm wondering if punters and traders have turned their attention to those leagues and this may be having an effect on the value I'm finding (or not finding) in the summer leagues that I'm still working with. I may be looking at that all wrong and tying myself in mental knots with that theory, but it could be a thing!

So, to summarise, it's not pretty at the moment, but I'm sticking with it purely because I've witnessed this behaviour before and I want to see if it's going to be a 'normal' pattern for this strategy.

 

Link to comment
Share on other sites

BET 23

League: Chinese Jia League

Date: 19-Aug-17

Time: 12:30 GMT

Fixture: Qingdao Huanghai v Shenzhen

Bet: 1 Point on Qingdao Huanghai @ 3.60 (William Hill - No commission).

Notes: Odds as low as 2.12 would still represent value, according to my calculations. But I would not take odds below 2.87.

 

BET 24

League: Finnish Veikkausliiga

Date: 19-Aug-17

Time: 15:00 GMT

Fixture: PS Kemi v Inter Turku

Bet: 1 Point on PS Kemi @ 3.25 (Betfair).

Notes: Odds as low as 2.79 would still represent value, according to my calculations. I would not take odds below 2.91.

Link to comment
Share on other sites

RESULTS

Bet 21: Lost (-1 pt)

===================================================

Start Points Balance: 100 pts
Current Points Balance: 91.96 pts      (after 5% commission)

Start Cash Balance: £250
Current Cash Balance: £209.79      (after 5% commission)

===================================================

Link to comment
Share on other sites

RESULTS

Bet 22: Lost (-1 pt)

Bet 23: Won (+2.6 pts) - No Commission (William Hill)

Bet 24: Lost (-1 pt)

===================================================

Start Points Balance: 100 pts
Current Points Balance: 92.56 pts      (after 5% commission)

Start Cash Balance: £250
Current Cash Balance: £212.79      (after 5% commission)

===================================================

Link to comment
Share on other sites

BET 25

League: Japanese J-League 2

Date: 20-Aug-17

Time: 10:00 GMT

Fixture: Yamagata v Jef Utd Chiba

Bet: 1 Point on Yamagata @ 3.20 (Betfair).

Notes: Odds as low as 2.31 would still represent value, according to my calculations. But I would not take odds below 2.95.

 

BET 26

League: Japanese J-League

Date: 20-Aug-17

Time: 10:30 GMT

Fixture: Kobe v Yokohama FM

Bet: 1 Point on Yokohama @ 2.90 (Betfair).

Notes: Odds as low as 2.54 would still represent value, according to my calculations. But I would not take odds below 2.89.

 

BET 27

League: Norwegian OBOS-Ligaen

Date: 20-Aug-17

Time: 17:00 GMT

Fixture: Asane v Ullensaker Kisa

Bet: 1 Point on Ull/Kisa @ 4.50 (Betfair).

Notes: Odds as low as 3.47 would still represent value, according to my calculations. But I would not take odds below 3.88

Link to comment
Share on other sites

RESULTS

Bet 25: Lost (-1 pt)

Bet 26: Lost (- 1pt)

Bet 27: Won (+ 3.15 pts)

===================================================

Start Points Balance: 100 pts
Current Points Balance: 93.88 pts      (after 5% commission)

Start Cash Balance: £250
Current Cash Balance: £234.70      (after 5% commission) ***

===================================================

***
The above Current Cash Balance has been adjusted, as I was inadvertently working off a point size of £5, whereas the 100 point bank of £250 bank represents a point size of £2.50. I just noticed it! :eek

Apologies. :notworthy

(my own spreadsheet over the last 7 months is using a £5 point size) :eyes

Link to comment
Share on other sites

Belarusin Vysshaya Liga?  You're really going off the beaten track to find these.

I imagine the prices are soft but I can't scrape together enough data to assess these lower profile leagues adequately, so I'm interested in seeing if you can make it work.

Good luck.

Link to comment
Share on other sites

Thanks novn.

The only data I'm using is results data, and obviously goals data from that.

I manually update my results data by copying from 'Flashscores' and pasting into a special spreadsheet that extracts the data into a format I can use and then I paste it into my selection workbook. It's really quite quick to do.

I've tried importing from the web to Excel, but every now and then it fouls up and lets you down, so I work manually. It takes me about an hour or two on a busy weekend to update the raw data and obtain selections. But I am selecting for 5 different systems at the same time.

 

Link to comment
Share on other sites

RESULTS

Bet 28: Won (+ 2.20 pts)

===================================================

Start Points Balance: 100 pts
Current Points Balance: 95.97 pts      (after 5% commission)

Start Cash Balance: £250
Current Cash Balance: £239.93      (after 5% commission) ***

===================================================

Link to comment
Share on other sites

BET 29

League: Japanese J-League

Date: 26-Aug-17

Time: 11:00 GMT

Fixture: C-Osaka v Kashima

Bet: 1 Point on C-Osaka @ 3.00 (Betfair).

Notes: Odds as low as 2.45 would still represent value, according to my calculations. But I would not take odds below 2.80.

 

BET 30

League: Japanese J-League

Date: 26-Aug-17

Time: 11:00 GMT

Fixture: Iwata v Kobe

Bet: 1 Point on Iwata @ 2.34 (Betfair).

Notes: Odds as low as 2.22 would still represent value, according to my calculations. But I would not take odds below 2.33, so not a lot of wriggle room on this one.

Link to comment
Share on other sites

BET 31

League: Chinese Jia League

Date: 26-Aug-17

Time: 12:45 GMT

Fixture: Shanghai Shenxin v Meizhou Hakka

Bet: 1 Point on Shanghai Shenxin @ 3.79 (Average Bookie Price, but available as high as 4.20).

Notes: Odds as low as 1.85 would still represent value, according to my calculations. But I would not take odds below 2.19.

 

BET 32

League: Swedish Superettan

Date: 26-Aug-17

Time: 15:00 GMT

Fixture: IK Frej v Norrby IF

Bet: 1 Point on Norrby @ 4.40 (Betfair).

Notes: Odds as low as 3.89 would still represent value, according to my calculations. But I would not take odds below 4.21.

 

BET 33

League: Swedish Allsvenskan

Date: 26-Aug-17

Time: 15:00 GMT

Fixture: AFC Utd v Hammarby

Bet: 1 Point on AFC Utd @ 4.30 (Betfair).

Notes: Odds as low as 3.67 would still represent value, according to my calculations. But I would not take odds below 3.82.

Link to comment
Share on other sites

RESULTS

Bet 29: Lost (- 1 pt)

Bet 30: Won (+ 1.34 pts)

Bet 31: Lost (- 1 pt)

Bet 32: Won (+ 3.4 pts)

Bet 33: Lost (- 1 pt)

===================================================

Start Points Balance: 100 pts
Current Points Balance: 97.47 pts      (after 5% commission)

Start Cash Balance: £250
Current Cash Balance: £243.68      (after 5% commission)

===================================================

Link to comment
Share on other sites

BET 34

League: Belarusian Vysshaya Liga

Date:  27-Aug-17

Time: 14:00 GMT

Fixture: Slavia Mozyr v Dinamo Brest

Bet: 1 Point on Slavia Mozyr @ 4.70 (Betfair).

Notes: Odds as low as 2.88 would still represent value, according to my calculations. But I would not take odds below 3.59.

 

BET 35

League: Swedish Allsvenskan

Date:  27-Aug-17

Time: 14:00 GMT

Fixture: Kalmar FF v Sirius

Bet: 1 Point on Sirius @ 3.65 (Betfair).

Notes: Odds as low as 2.26 would still represent value, according to my calculations. But I would not take odds below 3.50.

 

BET 36

League: Icelandic Pepsideildin

Date:  27-Aug-17

Time: 18:00 GMT

Fixture: Grindavik v KR Reykjavik

Bet: 1 Point on Grindavik @ 4.60 (Betfair).

Notes: Odds as low as 2.82 would still represent value, according to my calculations. I would not take odds below 2.82.

 

BET 37

League: Brazilian Serie A

Date:  27-Aug-17

Time: 20:00 GMT

Fixture: Flamengo v Atletico PR

Bet: 1 Point on Atletico-PR @ 6.60 (Betfair).

Notes: Odds as low as 4.47 would still represent value, according to my calculations. But I would not take odds below 6.30.

Link to comment
Share on other sites

RESULTS

Bet 34: Lost (- 1 pt)

Bet 35: Lost (- 1 pt)

Bet 36: Lost (- 1 pt)

Bet 37: Lost (- 1 pt)

===================================================

Start Points Balance: 100 pts
Current Points Balance: 93.47 pts      (after 5% commission)

Start Cash Balance: £250
Current Cash Balance: £233.68      (after 5% commission)

===================================================

Link to comment
Share on other sites

RESULTS

Bet 38: Lost (- 1 pt)

===================================================

Start Points Balance: 100 pts
Current Points Balance: 92.47 pts      (after 5% commission)

Start Cash Balance: £250
Current Cash Balance: £231.18      (after 5% commission)

===================================================

Still hoping for a reversal, as has happened in the past.

:hope

Link to comment
Share on other sites

BET 39

League: Estonian Meistriliiga

Date:  08-Sept-17

Time: 17:00 GMT

Fixture: Parnu JK Vaprus v Tulevik Viljandi

Bet: 1 Point on Degerfors @ 3.95 (Betfair).

Notes: Odds as low as 3.45 would still represent value, according to my calculations. But I would not take odds below 3.54.

 

BET 40

League: Swedish Superettan

Date:  08-Sept-17

Time: 18:00 GMT

Fixture: Degerfors v Osters

Bet: 1 Point on Degerfors @ 2.94 (Betfair).

Notes: Odds as low as 2.38 would still represent value, according to my calculations. But I would not take odds below 2.71

Link to comment
Share on other sites

BET 41

League: Icelandic Pepsidieldin

Date:  09-Sept-17

Time: 17:30 GMT

Fixture: Olafsvik v Fjolnir

Bet: 1 Point on Olafsvik @ 3.40 (Betfair).

Notes: Odds as low as 2.64 would still represent value, according to my calculations. But I would not take odds below 2.82

 

BET 42

League: Brazilian Serie B

Date:  09-Sept-17

Time: 20:30 GMT

Fixture: Londrina v Ceara

Bet: 1 Point on Ceara @ 3.65 (Betfair).

Notes: Odds as low as 2.66 would still represent value, according to my calculations. But I would not take odds below 3.51.

 

BET 43

League: Brazilian Serie B

Date:  09-Sept-17

Time: 20:30 GMT

Fixture: Juventude v Internacional

Bet: 1 Point on Juventude @ 4.70 (Betfair).

Notes: Odds as low as 3.55 would still represent value, according to my calculations. But I would not take odds below 4.19.

Link to comment
Share on other sites

RESULTS

Bet 39: Lost (- 1 pt)

Bet 40: Lost (- 1 pt)

===================================================

Start Points Balance: 100 pts
Current Points Balance: 90.44 pts      (after 5% commission)

Start Cash Balance: £250
Current Cash Balance: £226.11      (after 5% commission)

===================================================

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...