Saturday, May 13, 2017

A Football Match Is a Random Process Dominated By Chance



In a football match, the team that takes it chances wins. That is strange but true. While talent may help a team to win a football match and teams with a huge pool of the better talents are more likely to win in the long run, when each match is taken in isolation chance does dominate. The final result of a football match can be influenced by the silly action of a defender who gets a straight red card for a clumsy tackle, by the action of a linesman who ignores an obvious offside and allows the underdogs to score, by the cowardly action of a referee who fails to give penalties for obvious fouls in the box, and by the action of profligate strikers who squander great chances at different moments of the game. It may also be influenced by the tactics, team selection and substitutions made by the coaches involved.

Statistically, a football match is taken as a random event in which three outcomes are possible: a home team win, a draw, and an away team win. Each of the results has its own probability and the possibilities are summed up to 1. For a person aiming to place a successful bet on a match, the task must be to assess the teams and determine these possibilities as accurately as possible. Usually, the best way to determine the possibilities is to model the scores that each of the teams can obtain if they were to play each other a number of times, say 10, 20 or 30 times. To do this, you will need to look back at each team’s current form, results against similar opponents, head-to-head statistics, and many other indicators. But once you have determined the most probable outcome, you must still remember that the particular game you are betting on will be dominated by chance. Remembering this will stop you from getting carried away and throwing your money brainlessly.

In order to predict football outcomes correctly, you need to consider the following aspects of the game:
(1)     Different abilities of the two teams involved in a match.
(2)     Home advantage: History has shown that the team playing at home has a certain advantage over the away team.
(3)     A team’s current form is more likely related to how it has performed in recent matches.
(4)     A team’s ability to attack and defend: Consider goals scored and goals conceded as football is simply about scoring and conceding goals.
(5)     Teams recently played against: The form of a team may mislead you if you do not take into account recent opponents

Success in football betting is all about money management. A good punter is a good money manager, one looking for ideal matches with high percentage of returns. While luck will play a part in individual situations, a disciplined punter will win more often than a lucky one in the long run. To achieve a certain level of profitable betting in football, you must develop a correct money management procedure that allows you to maximize your winnings and to minimize your losses. The basic principle of profitable betting in football is that you can only win in the long run by consistently trading when the odds are on your side.

If you desire success in football betting, you must not take anything for granted. You must be ready to do some research before you place your bets. Doing research does not make football betting boring. In fact, when you get good results after thorough research, it makes it even more satisfying. On the contrary, match results that defy logic and go against all your reasoning may be infuriating, but they may also teach you to sharpen your technique. The vast majority of punters will always lose money, so do not rely solely on what other people predict. In fact, if you have done your research well, then it pays to back your own judgment ahead of that of everyone else’s. After all, you are the investor and ought to have confidence in the scheme before putting your money into it.