I have been offered 14/1 about a team to score 10 goals in a prem league game this season. With all teams having played 2 that means there are 324 games left to play by my reckoning. How do i therefore work out the price I am being offered on each game please ? I know its not likely to happen and certain teams cant/wont do it but those are the odds and games remaining. Thanks
The highest previous score is 9-0 ManU Ipswich in 1995. Highest number in a match was 7-4 Pompey Reading Probability of 10 goals from a team is about nil. 360 X 2 teams X 0 = zero. These bets are dangled strictly for the mugs but when people see 6-0 scores they think that 10 is only 4 more so why not?
The highest previous score is 9-0 ManU Ipswich in 1995.Highest number in a match was 7-4 Pompey ReadingProbability of 10 goals from a team is about nil.360 X 2 teams X 0 = zero.These bets are dangled strictly for the mugs but when people see 6-0 s
A simple calculation produces approximate odds of 5217/1.
If the odds are 14/1 (probability 0.06666666) to occur in 1 or more of the 360 games, then the odds are 1/14 (probability 0.93333333) to occur in 0 of the 360 games.
So the probability to not occur in one single game is 0.93333333 to the power of (1/360) = 0.99980837 (approximate odds of 1/5217).
i.e. the odds of 1/14 are equivalent to a 360 leg accumulator with each leg’s odds at 1/5217
Therefore the probability to occur in one single game is 1 - 0.99980837 = 0.0019163 (approximate odds of 5217/1)
This obviously assumes that every match has the same probabability, to have a team scoring 10 goals or more, whereas some games will have a slightly higher/lower chance, albeit still a relatively low probability, of occuring than others.
A simple calculation produces approximate odds of 5217/1.If the odds are 14/1 (probability 0.06666666) to occur in 1 or more of the 360 games, then the odds are 1/14 (probability 0.93333333) to occur in 0 of the 360 games.So the probability to not oc
I think so and will be backing it, obviously a lot of others dont think so and like to shout from behind their keyboards without offering odds themselves.
I think so and will be backing it, obviously a lot of others dont think so and like to shout from behind their keyboards without offering odds themselves.
14/1 can't be value. Might still win but i'm sure any bookie worth his salt (there's not many around these days) would lay you the biggest bet you wanted.
Could always email betfair and ask for a specials market. I suspect the price would settle more around the 34-50 mark tbh. Good luck with the bet.
This was 100/1 2 years ago and 50/1 last year. 14/1 can't be value. Might still win but i'm sure any bookie worth his salt (there's not many around these days) would lay you the biggest bet you wanted.Could always email betfair and ask for a specials
You could estimate the probability using the poisson distribution (look on wikipedia). Basically the poisson dist. is used when x events (eg goals) occur within a time period, and you know how the expected number of occurrences.
Say the long term average is 2 goals per game per team (this seems high? I don't watch football).
Probability of 10 goals by one team in one game is 2 ^ 10 * e ^ -2 / 10! = 0.00003819.
Probability of less (hmm.. or more) than 10 is 1 - 0.00003819 = 0.99996181
360 games and 2 teams, so 0.99996181 ^ 360 * 2 = 0.972877285
probability that exactly 10 goals not scored in 360 games = 1 - 0.972877285 = 0.027122715
37/1.
you would need to repeat for 11 goals, 12 goals, 13 goals ... and sum them, but I don't think it would come anywhere near 14/1.
You could estimate the probability using the poisson distribution (look on wikipedia). Basically the poisson dist. is used when x events (eg goals) occur within a time period, and you know how the expected number of occurrences.Say the long term ave
cornubia Joined: 05 Nov 08 Replies: 99 24 Aug 10 19:33
The highest previous score is 9-0 ManU Ipswich in 1995.
Spurs also hit 9 against Wigan last season. (9-1)
cornubia Joined: 05 Nov 08Replies: 99 24 Aug 10 19:33 The highest previous score is 9-0 ManU Ipswich in 1995.Spurs also hit 9 against Wigan last season. (9-1)
The Investor Joined: 05 Jun 06 Replies: 2308 24 Aug 10 21:56
I'll give you 20/1
If I can get on with you mate I'll have £200 at that price please, Do you have a bookies or does it have to be with Betfair ?
The Investor Joined: 05 Jun 06Replies: 2308 24 Aug 10 21:56 I'll give you 20/1 If I can get on with you mate I'll have £200 at that price please,Do you have a bookies or does it have to be with Betfair ?
Palchneru's method will give you some sort of idea of the probability - but the Poisson model is a very approximate one for goal distributions in football matches, and breaks down significantly in precisely this sort of high-scoring case. So, the actual number matches in which 10+ goals are scored by one team would be quite a lot higher than that predicted by Poisson.
Palchneru's method will give you some sort of idea of the probability - but the Poisson model is a very approximate one for goal distributions in football matches, and breaks down significantly in precisely this sort of high-scoring case. So, the act
14/1 for any of the 20 teams to score 10? This looks a good bet to me. With about 11 of the teams at 1000 on Betfair to win the title. There are going to be big mismatches every weekend. I can't remember a division in which the gap between top teams and the bottom half has looked so big. 6 goals is coming easily already, and Chelsea weren't even trying against Wigan until half time. And its hard to see Wigan and Blackpool improving.
14/1 for any of the 20 teams to score 10? This looks a good bet to me. With about 11 of the teams at 1000 on Betfair to win the title. There are going to be big mismatches every weekend. I can't remember a division in which the gap between top teams
Wedged The bet is for any team in the Prem to score 10 or more in a league game this season. Each team has 36 games left to play so that means there are 360 games left to play. 25/1 is the price now if I can get betfair to put a market up which is a price I would be happy to take.
WedgedThe bet is for any team in the Prem to score 10 or more in a league game this season.Each team has 36 games left to play so that means there are 360 games left to play.25/1 is the price now if I can get betfair to put a market up which is a pri
Not sure Investor, given that it hadn't happened since 1934 (I think) I'd have to have built it up from how many times there was 1,2,3,4 I suspect.
Pretty sure that my price would have been quite a lot longer than it would be now as it's always an interesting problem when a huge longshot suddenly happens as to how you allow for changing times vs just a freak occurence.
Not sure Investor, given that it hadn't happened since 1934 (I think) I'd have to have built it up from how many times there was 1,2,3,4 I suspect.Pretty sure that my price would have been quite a lot longer than it would be now as it's always an int
hi guys it might look a good bet just now with goals flying in, but its still a team scoring every nine minutes which looks impossible in a premier league if you ask me,lets put it a other way how long has the premier nbeen going sop if they would have gave you that bet at i million to one a team scoring ten in the next ten years in one game ten years ago you would have lost,you cant have a mathamatical answer to your question but im sure if you had to get true odds of it happening as close as is fair,i think a 500/1 would be abet fair bet
hi guys it might look a good bet just now with goals flying in, but its still a team scoring every nine minutes which looks impossible in a premier league if you ask me,lets put it a other way how long has the premier nbeen going sop if they would ha
I took 25/1 about another "9" after Spurs beat Wigan last year and got some derision on here until I pointed out that it was roughly equivalent to 5000/1 each game for the rest of the season. And Drogba had a shot for it in injury time on the last day of the season
Another way of looking at it is to think whether you'd expect it to happen over the next (say) 10 years. I would.
I took 25/1 about another "9" after Spurs beat Wigan last year and got some derision on here until I pointed out that it was roughly equivalent to 5000/1 each game for the rest of the season. And Drogba had a shot for it in injury time on the last d
Betfair have said they will not be putting up this market. Bushy thats exactly what I was getting at, if I took 25/1 then it would equate to around 5500/1 on every single game still to play. If United needed 10 against Blackpool/Wigan/West Brom or a couple of other teams would you still make it a 5500/1 shot ?
Betfair have said they will not be putting up this market.Bushy thats exactly what I was getting at, if I took 25/1 then it would equate to around 5500/1 on every single game still to play.If United needed 10 against Blackpool/Wigan/West Brom or a co
Contrarian, I suggest that next time somoene says "I'll have £200 at that price please", you say "I'll go halves on that with Investor", rather than offering a better price. [;)]
Contrarian, I suggest that next time somoene says "I'll have £200 at that price please", you say "I'll go halves on that with Investor", rather than offering a better price.
The odds of any team scoring 10 goals in any match in the prem this season are 5531/1 against . the odds of you naming that team are 1 million .. why 1 million thats most bookies limit .
The odds of any team scoring 10 goals in any match in the prem this season are 5531/1 against . the odds of you naming that team are 1 million .. why 1 million thats most bookies limit .
Thats only an approximation zipper which assumes all teams are the same standard. They are not. And that makes it much more likely. Now I'm not saying 14-1 is a great price but I'll have a ton on chelsea at 1000-1 if you care to lay me?
Thats only an approximation zipper which assumes all teams are the same standard. They are not. And that makes it much more likely. Now I'm not saying 14-1 is a great price but I'll have a ton on chelsea at 1000-1 if you care to lay me?
As for it being impossible to score a goal every 9 minutes in the premier league; I have to disagree with this assumption. Teams can score goals in consecutive minutes. Also, its not unusual for a team to score 3 goals in 10 minutes. So there could be 20 minutes without the team scoring, yet they could still score 10. Going back to the Wigan Chelsea match: Chelsea seemed to sit back casually in the first half and seemed content to allow Wigan the majority of the possession. When they did go all out for the attack in the second half, they scored 5. Wigan seemed absolutely powerless to even deflect the shots on target, hence the lack of corners. In the return game at Stamford Bridge, I expect Chelsea to attack in both halves.
As for it being impossible to score a goal every 9 minutes in the premier league; I have to disagree with this assumption. Teams can score goals in consecutive minutes. Also, its not unusual for a team to score 3 goals in 10 minutes. So there could
SuecoLoco Joined: 27 Mar 04 Replies: 5 26 Aug 10 05:54
What game had no corners? Lucky me anyway as I have been laying no first corner lately and missed out on that one...
Might not be value after all...
Wigan vs Chelsea.
SuecoLoco Joined: 27 Mar 04Replies: 5 26 Aug 10 05:54 What game had no corners? Lucky me anyway as I have been laying no first corner lately and missed out on that one...Might not be value after all... Wigan vs Chelsea.
Haven't read this thread yet but going on 128861 games throughout mainly Europe the probability is 0.0000388015. So you needs odds of greater than 25,772.2 to be a value bet. In traditional odds that would be 25772.2/1
Haven't read this thread yet but going on 128861 games throughout mainly Europe the probability is 0.0000388015. So you needs odds of greater than 25,772.2 to be a value bet. In traditional odds that would be 25772.2/1
Assuming your figure for the probability of >10 in one game is correct, I make it decimal odds of 72.
= (1 - 0.000388015)^360 = 0.986128 for it not to happen, which equates to about 72 in decimal odds.
Cosmic,Assuming your figure for the probability of >10 in one game is correct, I make it decimal odds of 72.= (1 - 0.000388015)^360 = 0.986128 for it not to happen, which equates to about 72 in decimal odds.
I don't Investor, although I believe it's quite easy to find (There are a lot of soccer stats sites... not that I know what they're called, pretty sure they'd show on google though)
I don't Investor, although I believe it's quite easy to find (There are a lot of soccer stats sites... not that I know what they're called, pretty sure they'd show on google though)
WHAT??!?!?! Is this right, literallly last week Saturday 21 August 2010, Wigan 0 - Chelsea 6, had no cornes
I didn't even realize that's what you were referring to.
WHAT??!?!?! Is this right, literallly last week Saturday 21 August 2010, Wigan 0 - Chelsea 6, had no cornes I didn't even realize that's what you were referring to.