By Peter Marko of www.Soccer-Systems.com
August 2005
Let's face it: you are a huge supporter of your local football team, and just
cannot resist the temptation to place a bet on them when the game is on. After
all, they are the best, so it stands to reason to back them every time, home
or away. And back them you do, week in and week out. You walk down to your local
shop every Saturday morning and strike that bet thinking how on earth your team
can be offered at such a good price. You make the trip to the stadium or settle
in your easy chair later in the afternoon in anticipation of a good fight ending
in a crushing victory not just on the grass but in the shop, as well.
Yes, you've heard about betting exchanges and online betting, and your friend
keeps telling you about this other bookie, who - he swears - offer better prices
on your team. Old habits die hard, however, and you are skeptical about his
claims. Still you wonder. Could your friend be right? Could it be possible that
there are bookmakers with better prices on your team? Besides your own doubts
about this, you also recall instances when you had funny feelings about prices
struck in the past. But if there were bookmakers offering better prices on your
team, this must be true for other teams, too, you reason. Alright, now you are
becoming curious about this. What if you asked your friend? You know he is heavily
into math and stats, and perhaps he has researched this subject already. You
decide to approach him about this the next time you meet up...
You are in the stadium, and your team is having a terrific day. Your friend
is sitting next to you with some other buddies, and you are having a whale
of a time. You ask him about his research during the game, and he confirms
your suspicion. He tells you that he has looked into this from several angles
and goes into detail about the various statistics and the tools he is using.
Meanwhile your team scores and you miss the action. Later he invites you to
look at his research results after the game. You accept and go to his place
following a brief celebration at the pub. You are not really interested in
the ins and outs of the theory behind it all, and ask him to cut through the
detail and just show you the end result. He pulls out a table, and you just
cannot believe your eyes. It is true, your regular bookie is not the best
to go with for your team...
You wake up and recall your dream. Unfortunately, you cannot remember the table
your friend showed you or the bookmaker you are supposed to go with. You give
him a call and ask whether he has done any research on the topic. No, not yet,
he says, but thinks it's a wonderful idea.
A week later your friend is all ready and smiling. He pulls out a table and
explains:
"Having had talked to you on the phone last week, I really became interested
in finding out whether what I had observed for our team would be true for other
teams, too. It's not that I give a hoot how they would perform, you know - this
is purely from a football betting
perspective. These results could be of interest to anybody regularly betting
on certain teams. So I went and checked five seasons' worth of pricing information
for all English Premiership teams. This research covered data from the 2000/01
season up to the last one, 2004/05. I have included all teams that participated
in the league in any of the five seasons, as well as the following major bookmakers:
Bet365,
Bet&Win, Gamebookers,
Interwetten, Ladbrokes,
Sporting Odds, Sportingbet, Stanleybet and William
Hill. I figured this set would cover the vast majority of people with bookmaker
accounts. I'm sure there would be some exotic bookies offering better prices
from time to time, but I didn't want to have the results hinging on prices not
generally available."
TEAM |
HOME |
AWAY |
TOTAL |
Bookmaker |
Profit |
Bookmaker |
Profit |
Arsenal |
Gamebookers |
6.67 |
Bet&Win |
0.10 |
6.77 |
Aston
Villa |
|
|
|
|
|
Birmingham |
|
|
|
|
|
Blackburn |
|
|
Bet365 |
12.30 |
12.30 |
Bolton |
Bet&Win |
4.20 |
Gamebookers |
27.05 |
31.25 |
Bradford |
|
|
|
|
|
Charlton |
Gamebookers |
2.07 |
Ladbrokes |
13.87 |
15.94 |
Chelsea |
Gamebookers |
2.81 |
Bet&Win |
6.85 |
9.66 |
Coventry |
|
|
|
|
|
Crystal
Palace |
|
|
|
|
|
Derby |
|
|
|
|
|
Everton |
Bet365 |
8.35 |
|
|
8.35 |
Fulham |
Bet365 |
4.31 |
|
|
4.31 |
Ipswich |
|
|
Gamebookers |
13.80 |
13.80 |
Leeds |
|
|
Ladbrokes |
2.83 |
2.83 |
Leicester |
|
|
|
|
|
Liverpool |
Bet&Win |
1.10 |
|
|
1.10 |
Man
City |
|
|
|
|
|
Man
United |
|
|
Gamebookers |
3.96 |
3.96 |
Middlesboro |
|
|
|
|
|
Newcastle |
Sportingbet |
3.73 |
|
|
3.73 |
Norwich |
Bet365 |
2.57 |
|
|
2.57 |
Portsmouth |
Bet365 |
10.21 |
|
|
10.21 |
Southampton |
Gamebookers |
7.51 |
|
|
7.51 |
Sunderland |
|
|
|
|
|
Tottenham |
Gamebookers |
0.53 |
|
|
0.53 |
West
Brom |
|
|
|
|
|
West
Ham |
|
|
|
|
|
Wolves |
Bet365 |
5.32 |
|
|
5.32 |
TOTAL |
|
59.38 |
|
80.76 |
140.14 |
"The table shows the best bookmakers to go with for home and away
matches of particular teams, and how much profit was made during the five seasons
by simply backing such teams at the bookmakers indicated. The first thing you
should be noticing is the bottom line figure of 140.14 on the right. This figure
is the level stakes profit you could have made using the simple strategy of
backing all home or away matches of teams with bookies indicated in the table.
In other words, backing all home games of Arsenal with Gamebookers (6.67 points
of profit) and all away games with Bet&Win (profit: 0.10); all Blackburn
away games with Bet365 (profit: 12.30), and so on, all the way down to backing
all Wolves games at home with Bet365 (profit: 5.32). When this total is projected
to a single season, we get a little over 28 points, which is £2,800 per year
if you are a £100 bettor. Nothing to be sneezed at for such a simple plan."
"As you can see, certain teams are profitable to back home and away, others
are so only at home or away, and still others offered no value using this strategy.
If you are a lucky Arsenal, Bolton, Charlton or Chelsea fan, you can simply
go to the bookmakers shown in the table and back your team in every single game.
For supporters of Everton, Fulham, Liverpool, Newcastle, Norwich, Portsmouth,
Southampton, Tottenham and Wolverhampton, all home matches can be supported,
and all away games for fans of Blackburn, Ipswich, Leeds, and Manchester United.
Some of these teams are not currently playing in the Premier League, of course."
"Supporters of Aston Villa, Birmingham, Bradford, Coventry, Crystal Palace,
Derby, Leicester, Manchester City, Middlesbrough, Sunderland, West Brom and
West Ham are out of luck with this strategy. There is no bookmaker from the
list of nine I gave you with whom you could profitable back all home or away
matches of these teams. I will look into how they can be profited from using
a little more sophisticated approach in the near future. However, I believe
that the above should give you enough ammunition for the season. £2,800's worth,
anyway!"
"So, there you have it! Now you know why I like to say:"
"A bookie is a fan's best friend..."
"... 'cause there is bound to be one rooting for you and your team!"
Read more By PeterMarko at www.Soccer-Systems.com
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