The Use of Statistics in Football Betting
Predicting who will be top of the league or lifting a trophy at the start of the season requires an understanding about how good each team is.
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Portuguese Football Federation
Founded in 1914, and based in the city of Oeiras, the Portuguese Football Federation or Federação Portuguesa de Futebol is the governing body of football in Portugal. In addition to organising the men and women’s national football teams, the Portuguese Football Federation is also responsible for the Taça de Portugal, the Campeonato Nacional de Seniores, the Supertaça Cândido de Oliveira, youth level football, futsal and beach soccer.
FIFA World Cup
The FIFA World Cup is an international association football competition contested by the senior men’s national teams of the members of the sport’s global governing body Fédération Internationale de Football Association (FIFA). The World Cup is considered to be the most prestigious association football tournament in the world. The championship is awarded every four years with the next event due to take place in Russia in 2018. Qualification happens over the preceding three years, to determine who takes the 32 team places for the tournament. The host nation automatically qualifies and games are held for about one month before the final game.
UEFA Europa League
Football is on one of the most popular sports for betting enthusiasts. Whilst some people have access to a local bookmaker shop, many people place bets online. Lines or point spreads for games are published regularly and football insiders discuss their picks each week in the hope of encouraging others to place a wager.
Vast sums of money are spent on football bets each year, though exact figures are impossible to calculate. Most of this money remains in the hands of the bookmakers since it has been estimated that on average only one bettor in twelve turns a profit.
The maths may say it is almost impossible to win on a consistent basis, yet betting on football is popular. Not only does it add adrenaline to the game, but it also keeps you focused on the team, the players and where they may be at the end of the season. Yet placing a bet on a football match does not have to be based on hunches or media manipulation that are unlikely to ever surpass the bookmaker’s inherent mathematical advantage. Some bettors can beat the bookies.
Bettors who do their homework are usually, but not always, part of a betting syndicate who have access to the most up-to-date information on the real power of the teams involved, including injuries, game plans and weather that through the use of super-computers produce a more accurate point-spread line than bookmakers. These people bet to a plan, not with their heart.
To be more successful as a bettor there are some simple actions you can take.
- Do not bet more than you can afford to lose. Bet between 3 percent and 5 percent of your bankroll on a match.
- Search out the best lines at different bookies. You can sometimes find two or three point differences in the lines.
- It’s easier to win betting on the underdog playing at home, as they tend to be undervalued.
- Parlays require some skill to be of value to most bettors. The best bet in football is betting the over/under totals or point spread on individual games.
Develop a niche and become an expert on a smaller leagues. Sports book operators do not have the time or resources to follow lesser known teams the way you can.