2a.3 Platform Tool for pre-game OddsCompiling

At the previous lessons we have discussed some basic principles about the methodology for calculating betting market probabilities. Betpractice Studio assumes Home and Away games of both teams to calculate commercial "real" odds. Some people may want to calculate "real" odds based only at home games or to include a sample of past games based on previous 3 seasons etc.

OddsCompiler is the available Platform for in-depth analysis for "real" odds generating. Includes a huge database of previous game results and time goal definitions. OddsCompiler is offered under subscription from the website www.betpracice.com.

In the examples below we make a depth analysis for Arsenal vs Chelsea to search different assumptions of Home and Away game samples.

We filtered data from seasons 2013-2014 and 2014-2015.


 

Option 1:

Assume games from Arsenal as Home and games from Chelsea as Away.

Probability for Home to win : 44.59%

Probability for Away to win : 32.43%

Probability for the Draw : 22.97%

Probability for the Under 2.5 : 48.65%


 

Option 2:

Assume games only from Arsenal as Home.

Probability for Home to win : 65.79%

Probability for Away to win : 7.89%

Probability for the Draw : 26.32%

Probability for the Under 2.5 : 47.37%


 

Option 3:

Assume games only from Chelsea as Away.

Probability for Home to win : 21.05%

Probability for Away to win : 55.26%

Probability for the Draw : 23.68%

Probability for the Under 2.5 : 52.63%

 

Every game needs careful study so as to calculate the appropriate probability and odd. Check many options and different samples before you decide for your final decision.

Using this platform we can calculate probabilities and “real” betting odds for Over/Under markets and Scores for Full and Half Time.