Statistical prediction is a method used in sports betting, to predict the outcome of matches by means of statistical tools and using complex math formulas.Who doesn’t want to predict the result of a football (soccer) match? The best way to make a prognosis is to estimate the probability of the outcome.You cannot work out the probability of winning a football match by assuming that win, lose and draw are equally likely, but you can look at previous results in similar matches and use these results to estimate the probability of winning.
The goal of statistical match prediction is to outperform predictions of bookmakers, who use them to set odds on the outcome of matches. Odds tend to change more as the start of the match gets nearer and more money changes hands.
Always remember that bookmakers set odds based on a mixture of statistical probabilities, but also on a public opinion. Their priority is balancing books. They would like to minimize the risk and make a profit regardless of the match outcome. Collect enough money to pay off losing bets and keep the profit is what they want. Their odds never aim to predict an outcome of a match with utmost accuracy; therefore the estimated probabilities of ‘true’ odds often do not match the betting odds offered in the market.
The goal of this application is to calculate odds based on mathematics that will be more suitable. You can use these predictions, but should not be surprised if the outcome is just the opposite of the prediction.
This application can be useful in calculating odds for the following world football leagues:
• A League Australian Football • Bundesliga • China Super League • English Football League Championship • Eredivisie • Indian I-League • International Football • La Liga • League One • League Two • Ligue 1 • MLS • North American Soccer League • Portuguese Liga • Premier League • Primera División Argentina • Russian Premier League • Scottish Premiership • Segunda División • Serie A • Serie B • Superleague Greece • UEFA Champions League • UEFA Europa League
IMPORTANT NOTE: This application does not encourage sports betting in any way, it is intended for informational and entertainment purposes only!