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Forecasting Football at the Royal Statistical Society

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Well I have had a busy time over the past week writing the new Premier Betting book which deals with the fundamentals of football betting.

This is the 1st in a series of short E-books which deals with betting on the football markets. The next books will cover the win markets, corners & bookings, Asian handicaps and then finally In-play betting & trading. These books will be released over the coming year with the fundamentals book hopefully coming out before the start of the domestic season.

Tomorrow I am off to the Royal Statistical Society for a talk on Forecasting in Football

The speakers are Stuart Coles from SmartOdds who will be discussing Euros 2012: What can statistics tell us and John Goddard (Bangor University)who will be giving a talk on In-play betting strategies for English football match outcomes.

I will be interested to hear what Stuart has to say about Euro 2012 because I find betting on International Football to be extremely difficult as there is just simply not the solid data available like there is in the domestic leagues and consequently I tend to avoid betting on the matches. This is a big tournament for the bookmakers and it would not surprise me to see them profit substantially through this tournament.

To my mind this is more about opinion and momentum and with the tournament being so short luck plays a large part in the tournament also. I discuss this in my 1st post for matchbook.com that can be found here

I am aware of John Goddards work having read a book Statistical Thinking in Sports. Hopefully I will come away with some hints or tips. These things are always worth going to even if you only come away with one good idea.

I generally find the only problem with these studies is that sometimes the conclusion they come to is stating the obvious and the findings are not really relevant to the betting markets. Or you are betting at such low odds that although they may offer some value they offer very little appeal due to the odds on offer.

If there is anything of interest in the talk I will post it on here over the next few days.

This months Trade On Sports newsletter is out now and this month I am looking at the first two test matches between England and the West Indies the latter stages of the Indian Premier League and a simple football strategy that has seen us profit by over 95 points through the season. I believe this strategy should hold its own throughout the Euros.

Going through my records I notice that I am holding an awful   lot of data on test match cricket and next month for the newsletter I intend to put together a Test Match special highlighting the scorecards price movements and comments on the best trading opportunities. This will cover around 40 test matches over the past 2 years so it is a good sample.

I am hoping that by putting these matches together in one place various trends may appear and by having this data at hand should a similar scenario ever unfold we should have the relevant information available to take advantage should a promising situation arise.

I like trading test match cricket more than any other form of cricket and my style is to get involved either at the start or end of an innings the start or end of a day or when a price reaches a resistance point. The great thing about test match cricket is it is blindingly obvious when that resistance point is reached because the price does not move for an hour or so.

Finally we have now released information on what will be happening with the Premier Betting Silver & Gold services next season of which the links can be found below.



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