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Odds Predictor


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New here so hopefully I will not fall foul of the Forum rules but please let me know if I do. I created this system for my own amusement with my only profit hopefully coming from the Bookmakers.

My OddsPredictor System works by rating each team. Teams for season 2014/15 were given the same rating. After each game the teams have a rating gain or rating loss based upon a statistical table. At the end of the season the ratings are carried forward. The Teams' Ratings change after each Result and the Prediction of likely results can be obtained from the difference in rating between the teams in a similar way as the International Chess Rating system works..
 
The idea arose from an interest in sports gambling combined with playing competitive chess where players are rated according to past results.
 
With bookmakers' odds offered on football matches influenced by non statistical factors such as the level of betting by fans which in turn is influenced by popularity of teams and fanatical optimism, it would be expected that opportunities would arise to take advantage of these factors.
 
The other side of the coin is that a pure statistical view such as calculated by OddsPredictor may miss changes to teams such as key player injuries, new signings, a new manager or the resting of players due to an upcoming important European or Cup match. So the OddsPredictor system allows adjustments to teams ratings for such known events.
 
Currently the only active league in my portfolio of 19 Leagues is the Chinese Super League so I will post my predictions in the correct Forum thread for that League usually on Fridays when the main Bookmakers release their odds for the Super League.
 
See the following table of each teams' rating at the start of the season and after Game 13.

China13.jpg

Edited by OddsPredictor
typos
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