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Profitability of simple fixed strategies in sport betting: Soccer, China/Japan/Russia, 2013-2019
Profitability of simple fixed strategies in sport betting: Soccer, China/Japan/Russia, 2013-2019
Profitability of simple fixed strategies in sport betting: Soccer, China/Japan/Russia, 2013-2019
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Profitability of simple fixed strategies in sport betting: Soccer, China/Japan/Russia, 2013-2019

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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 China, Japan, Russia 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 Changchun Yatai (China Super League) was an away team, we can see that betting on this away team in 2014 season would give us over +177% 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 [0%,10%], we see that betting on home teams would give us over +410% return on all bets in 2018 season.
 
LanguageEnglish
PublisherHarry Wiseman
Release dateJan 13, 2020
ISBN9788835358138
Profitability of simple fixed strategies in sport betting: Soccer, China/Japan/Russia, 2013-2019

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    Profitability of simple fixed strategies in sport betting - Igor Stukanov

    money

    Profitability of simple fixed strategies in sport betting:

    Soccer, China/Japan/Russia, 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 China, Japan, Russia 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 Changchun Yatai (China Super League) was an away team, we can see that betting on this away team in 2014 season would give us over +177% 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 [0%,10%], we see that betting on home teams would give us over +410% return on all bets in 2018 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.

    CHINA Super League

    Beijing Guoan-Home

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