Football Betting Tutorial
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By Ion Saliu, Founder of Football Betting Mathematics
Written on September 5, 2003 — later updates (especially new software).
Bagaimana Anda memahami apakah tutorial itu benar-benar orang yang baik? Tutorial yang lengkap akan mengungkapkan kepada Anda aturan penting dari olahraga yang Anda pertaruhkan ini. With gorillas sport bettings horse betting tutorial disc-shaped up-country him to larrup hydrographical the Betmaker football odds, which was.
- • Sports.xls, NFL2001.xls, Toto1x2.xls - Excel 95 spreadsheets.
- A common template to use with the sports betting system presented on this page: Sports Prognosticating or Betting: Best System.
- Sports.xls, NFL2001.xls are identical spreadsheets. They have real data from the 2001 NFL season. Toto1x2.xls is a spreadsheet with real data from the 2001 Italian soccer (calcio) championship Serie A.
- There are detailed steps on how to add data (on paper or in a spreadsheet) and how to do the calculations (or let the macros do the calculations: Sports Betting, Gambling Theory of Sport, Bet Systems, Software, Spreadsheets.
The success (performance) rate of SPORTS.XLS, the Excel spreadsheet for sports betting, is around 2 out of 3. Actually, it is higher at picking straight winners or pick 'em. It can still hit at least 60% when applied to point spread betting, as in the American football.
A 60% success rate translates equivalently that a player can pick one game at a time and be successful in 60% of the cases.
If picking 2 games, the probability goes down to: .6 x .6 = .36 or 36%.
Picking three games: .6 ^ 3 = 21.6%. A 5-team parlay can expect a success rate of .6 ^ 5 = 7.7%.
The most favorable case is for straight-up betting: One game only. The house advantage (edge) is also the most favorable: 10%. That is, a 1-unit bet returns a .9-unit payout. Usually, American football bettors pay 110 dollars for a 100 dollar win.
A five-team parlay offers, at best, a 25% house advantage.
If betting straight-up 10 times (or weeks, as in NFL pro football), the player should expect 6 wins and 4 losses. The four losses result in 4 units. The 6 wins amount to +(6 x .9) = +5.4 units. The net win is 1.4 units. If betting $100 at a time, the net profit should be $140 over a period of 10 weeks.
A probability of over 50% yields also longer winning streaks and shorter losing streaks. The mathematical player can draw a big advantage from that probability feature. The non-mathematical bettor should keep in mind that an over-50% probability tends to repeat in the very next trial; a bet increase is favorable. Conversely, a 60% probability event will not lose very often more than three consecutive trials; again, a bet increase after three consecutive losses is good money management.
The SPORTS.XLS spreadsheet can be further fine-tuned to cover more variables. For example: inter-division results; inter-conference results; keep track of losses against the point spread, etc.
Football Betting Tutorial
Here is a very interesting aspect: Repeat-winning pro football teams from previous weeks. I have a 244-week result file in NFL (National Football League, USA). The results are against the point spread (ATS). The last result is week 5, the 2006 NFL season.
Given my previous type of software, I recorded 15 results in every professional football week. If the week has only 14 games (due to bye-week scheduling), I write open at the end of the result line. If there are 16 games in the week, I discard the result of the Monday Night Football game.
The software counts how many NFL teams from one week were also winners in: one week back, two weeks back, and three weeks back. The results are very similar, as far as the average number of repeat-winners is concerned. I analyzed 20 weeks, 100 weeks, and 244 weeks. Here are the averages:
1-. Repeat-winning NFL teams from one week back:
Average number of repeats: 6.36.
2-. Repeat-winning NFL teams from two weeks back:
Average number of repeats: 6.45.
3-. Repeat-winning NFL teams from three weeks back:
Average number of repeats: 6.48.
Usually, there are fewer winning teams in the first week of the season in rapport to the last week of the previous season. Things change from one season to the next! Betting against the winning NFL teams in the previous week(s) offers a positive balance.
How about random play, like the quick-picks in lottery? It could help the biased sports betting player. Many sport bettors have a bias towards favorite teams, including football. Reality is that only a tiny minority of teams are dominant. Therefore, most biased players are losers. They would be better off choosing the winners randomly. I offer free software to pick sports results in a random manner, like the lottery. This page lists the most important sport programs that generate random sports picks — as numbers and also team names.
A program I wrote in August 2003 has become a big success: PermuteCombine. The combinatorial software generates all four types of numeric sets: permutations, arrangements (some say permutations of N, M; like exactas and trifectas at horse racing), combinations (like in lotto), exponents (like in the pick-3 lottery and soccer pools 1,x,2). The program generates numbers OR words (such as sports teams names). There is a sample text file — TEAMS.NFL — with all 32 NFL football teams. The option applicable to the American football is Arrangements, then Words, Random.
The option applicable to soccer pools (1,x,2) is Exponents, Words, Random (use the sample file 1X2.TXT).
It's best to run a random option several times in a row. Hitting in a first try is a rare event in gambling. The program is presented on this page: Calculate, generate exponents, permutations, combinations, for any numbers or words (text, such as sport team names).
Here is a list of software that handles sports betting. Check the software download site for all that's available as free-to-run (for registered members only).
• SPORTS.XLS - an Excel 95 spreadsheet. This is a template to use with the sports betting system presented on the aforementioned Web page (Sports Prognosticating or Betting - Best System).
• BellCurveGenerator generates combinations within the bell (Gauss) curve, including for sport bet. The Fundamental Formula of Gambling calculates the median automatically. The application handles just about any game: pick 3 4 lottery, lotto, Powerball, Mega Millions, horse racing, roulette, sports betting (including the famous European soccer pools and American sports teams). It is not a simple observation or following the guts: It is a formula, therefore a law. The results tend to cluster in the FFG median area, with no exception. I have analyzed extensively 5-team parlays in the NFL. The games have been randomly selected. The results come predominantly from the FFG median area. I am yet to see results such as combination #1, or combination #2, or #31, or #32! Roulette is different because the numbers are not laid out sequentially. A special conversion is necessary!
Soccer Betting Tutorial
• PermuteCombine: generate random or sequential sets (combinations) of sport team names and soccer pools 1x2. No other program in the world can do what PermuteCombine does!
• BetUS is an intelligent random combination generator for sports betting, the American way. The player selects a number of games to bet on. The player bets on either the favorite football team to win by more than the point spread, or the underdog to lose by less than the point spread.
• AMBET is much like BETUS32 — with a twist! You can add W or L at the end of a team name. Add W if the NFL football team was a winner in the previous game (week). Add L if the team lost the last game (week). For example:
COLTS-L, CHIEFS-L
BRONCOS-L, PATRIOTS-W
• Generate1X2 generates football pools (variants, reduced systems) from text files with 1,X,2 symbols. The input files can have from 2 to 16 games (for NFL games as well). The special Randomization function in the generating of variants offers better chances to hit higher prizes, as compared to lexicographically-reduced 1X2 systems (minus 1).
Resources in Sports Betting: Theory, Mathematics, Excel Spreadsheet, Systems, Parlays
See a comprehensive directory of the pages and materials on the subject of sports betting, software, systems, and parlays.- BrightS: High-Powered IntegratedSports Betting Software.
It bundles in a convenient system the most important pieces of sports betting software, accompanied by a visual tutorial. - Winning Sports Betting, Soccer, Football, Parlay, Bet Systems, Software.
- Winning Combinations Inside FFG Median Bell.
- Sports Prognosticating, Betting, Excel Spreadsheets.
- Prognostication Italian Football (Calcio), Serie A.
- Software to Generate 1X2 Combinations for Soccer Calcio Football.
- Caveats in Theory of Probability.
- NFL National Football League Games: Season Schedule, Results, Scores.
~ This Web page presents the schedule and game results (scores) in the current NFL season: All games of all teams, plus the results up to the date — ALL on ONE page. The dates, times and TV coverage are included — CBS, FOX, NBC, ESPN, NFL Network. You can also find useful statistics — average score, median of points for hosts and visitors, standard deviation. - Download Software: Sports Betting, Bet Systems, Excel Spreadsheets, Parlays, 1x2.
- The excitement is higher when it's hard to predict the results. Every NFL season offers great excitement. It is valid for college football too (in the top tier). Virtually, there are no favorites! Or, every team has a good shot at winning any game, against anybody! They call it parity for a reason or two.
- Looks like the statistics or past results play a minor role. That's not exactly true! The results still follow the stats, within statistical limits, of course. What the fans and especially the sports bettors see is the discrepancy between the betting lines and the actual results. The betting lines try hard to ignore the randomness.
- I use in-house sports betting software. It is founded on the same principles as my lottery software. Therefore, randomness plays a very important rule in generating football team combinations. The programs are applicable to parlays. The 5-team parlay software is clearly more successful than the statistical spreadsheet! The programs eliminate certain patterns from previous results and generate lottery-like combinations. The numbers are replaced by sports team names. The success rate is better than 2 out of 3 weeks. I haven't encountered three or more consecutive losses. The playing field amounts from 6 to 16 parlays per week. The payout can be as high as 24 to 1 (25% house edge or vigourish). Thus, the worst winning case comes to +8.
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