The Church of Betting

Review of Trademate (revised)

I am sure some of you remember that a long time ago I promised you a review of a betting product known as Trademate. The Trademate team has given me access to the product and I have been tirelessly gathering tones of betting data ever since. Having collected a record of more than 11,500 resolved bets I decided … Read moreReview of Trademate (revised)

Arbing without a Hedge: The Insanity of Betting Variance

The question whether it wouldn’t be better to skip hedging in Sports Arbitrage has been asked before. Covering your arb in a sharp book is a sort of an insurance premium. You sacrifice the money you are going to lose in the sharp books in order to have a stable and predictable profit from each … Read moreArbing without a Hedge: The Insanity of Betting Variance

Home and Away Value in European Leagues (Mid-Season Review)

As promised in my last article, I will do a short mid-season  review of some home and away betting strategies I have discovered at the beginning of this season in European football leagues. If you recall my two articles on home and away value, I have found out that for the Spanish, Italian and German leagues, … Read moreHome and Away Value in European Leagues (Mid-Season Review)

Evaluating Tipsters – T-test

In my last article where I’ve interviewed Erik from SoccerBetBlog on how he gets to figure out Estonian football games I promised to give you an article outlining a simple method to evaluate the performance of tipsters, based only on a few simple to obtain metrics. It is all about a statistical method called the … Read moreEvaluating Tipsters – T-test

Odds Shopping: Betting Brokers

Odds shopping and the need for bookmaker access In this article I will write about utilizing betting brokers to make use of the best odds available on the market. I have written before about the importance of securing the best odds when pursuing any betting strategy aka Odds Shopping. This is a point very often neglected … Read moreOdds Shopping: Betting Brokers

Does Away Value Persist?

You have probably already read my analysis on the topic ‘Does Home Value Persist’. In it I have found out that for 6 top European leagues on average if backing a team at home was a profitable strategy in the previous season it will probably remain profitable in this one as well. This effect was … Read moreDoes Away Value Persist?

Value Betting: Does Home Value Persist?

This weekend is lacking serious action in the major football leagues due to the upcoming World Cup qualifiers during the week (which are not exactly my cup of tea). Therefore I sat down and, after finalizing my tips for next weekend’s league games (which I needed to prepare in advance since I’m going on vacation, … Read moreValue Betting: Does Home Value Persist?

Rating Models: Goal Ratings

So you already know that you can make a lot of money by finding an edge in the betting markets and that finding an edge in the betting markets is very hard. How does one go about it? There are several ways to approach this problem but in this article I talk about Rating Models and … Read moreRating Models: Goal Ratings

Value Betting: The Practice & Odds Shopping

This article is the second part of my previous article on Value Betting: The Theory. Check it up if you haven’t yet. At the end of the last article I promised that if you beat the overround you could, at least in theory, be a rich man. Now let’s talk about what it takes to beat … Read moreValue Betting: The Practice & Odds Shopping