Profitability of simple fixed strategies in sport betting: Soccer, Argentina/Brazil/Mexico, 2013-2019.
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About this ebook
In this book calculations of profitability of fixed strategies in soccer for 2013-2019 Argentina, Brazil, Mexico main leagues 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 Arsenal Sarandi (Argentina Primera Division) was a home team, we can see that betting on this home team in 2016 season would give us over +72% 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 [70%,80%], we see that betting on away teams would give us over +102% return on all bets in 2015 season.
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Profitability of simple fixed strategies in sport betting - Igor Stukanov
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Profitability of simple fixed strategies in sport betting:
Soccer, Argentina/Brazil/Mexico, 2013-2019
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 2013-2019 Argentina, Brazil, Mexico main leagues 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 Arsenal Sarandi (Argentina Primera Division) was a home team, we can see that betting on this home team in 2016 season would give us over +72% 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 [70%,80%], we see that betting on away teams would give us over +102% return on all bets in 2015 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 draw
oa are final odds that an away team will win
ph=1/(z*oh) is an implied probability that the home team will win
ph(%)=ph*100%
The tables below present returns on investments (ROIs) for each group in a particular season with the last year of the season shown in the first column. In the second column are ROIs for the strategy -always to bet on the home team. In the third column are ROIs for the strategy -always to bet on the draw in this group. In the forth column are ROIs for the strategy -always to bet on the away team in this group.
ARGENTINA Primera Division
Aldosivi-Home
Aldosivi-Away