Some I-am-so-bored-stats for home wins in 2019/2020 season, which shows the good work the bookmakers (or their computers) are doing and why it is so hard to make money pre-match in big leagues like Bundesliga:
- 224 matches were played in Bundesliga so far.
- We saw 97 (43.30%) home wins and 127 times (56.70%) the home team failed to win.
- Converting the percentages into odds, this would give us 2.30 for home win and 1.76 for X2, if there was no juice.
Now checking the odds at
Oddsportal, the average winning odds for the home teams were 2.20. Just betting blindly on home win for every match with your favourite bookmaker, will result in a loss - vice versa for blindly betting on X2; you have to reduce the juice. By shopping for odds, you can nearly bet without juice and more or less easily get the 2.30/1.76 on average to break even. Well, then you broke even, which is quite an accomplishment in itself already, but of course we want to make money and not just exchange it back and forth with various bookmakers.
Forget about diving deep into major stats, H2H, injuries, suspensions etc., these things are all already priced in and you won't beat the market like that. You need to go the extra mile. More sophisticated computer-based statistical analyses combined with inside information. Now this is pretty hard to achieve for average Joe's (like me), so no option for 99,99% of punters.
The only way to do more than break-even is to study the game and the teams and bet inplay. Live markets, even in the biggest leagues, are still very imperfect imo. There is so many variables and dynamics, which on top change all the time during the 90 minutes, that no bookmaker with their computer or even the most well-equipped shark can be
that good with compiling their odds like they are able to do pre-match, where all factors are more or less fixed.
Thoughts ?