{"id":9847,"date":"2014-04-30T17:12:17","date_gmt":"2014-04-30T16:12:17","guid":{"rendered":"http:\/\/www.betangel.com\/blog_wp\/?p=9847"},"modified":"2014-05-23T19:53:51","modified_gmt":"2014-05-23T18:53:51","slug":"estimating-correct-score-odds","status":"publish","type":"post","link":"https:\/\/www.betfairtradingblog.com\/blog_wp\/2014\/04\/30\/estimating-correct-score-odds\/","title":{"rendered":"Estimating correct score odds"},"content":{"rendered":"<p>In this video I discuss a simplistic approach to estimating correct score odds by deriving them from the match odds markets. You can do this automatically in Bet Angel.\u00a0There are several layers and depths you can get to with pricing models and this is a fairly simple &#8216;top level&#8217; model that is easy to understand but is not particularly refined.<\/p>\n<p>For clarity I&#8217;ve also included a market where this model is not appropriate and where you should use a modified approach.<\/p>\n<p>I suggest you link markets via Excel in Guardian and then you can do this sort of thing completely automatically with Bet Angel.<\/p>\n<p><a href=\"https:\/\/www.betangel.com\/blog_wp\/2014\/04\/30\/estimating-correct-score-odds\/19-02-2014-20-03-42-copy\/\" rel=\"attachment wp-att-9848\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-9848\" src=\"https:\/\/www.betangel.com\/blog_wp\/wp-content\/uploads\/2014\/04\/19-02-2014-20-03-42-Copy-600x471.png\" alt=\"19-02-2014 20-03-42 - Copy\" width=\"600\" height=\"471\" srcset=\"https:\/\/www.betfairtradingblog.com\/blog_wp\/wp-content\/uploads\/2014\/04\/19-02-2014-20-03-42-Copy-600x471.png 600w, https:\/\/www.betfairtradingblog.com\/blog_wp\/wp-content\/uploads\/2014\/04\/19-02-2014-20-03-42-Copy-300x235.png 300w, https:\/\/www.betfairtradingblog.com\/blog_wp\/wp-content\/uploads\/2014\/04\/19-02-2014-20-03-42-Copy.png 692w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/a><\/p>\n<p><iframe loading=\"lazy\" src=\"\/\/www.youtube.com\/embed\/hXQoqUwiSIA?rel=0\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>&nbsp;<\/p>\n<div class=\"pvc_clear\"><\/div>\n<p id=\"pvc_stats_9847\" class=\"pvc_stats all  \" data-element-id=\"9847\" style=\"\"><i class=\"pvc-stats-icon medium\" aria-hidden=\"true\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"far\" data-icon=\"chart-bar\" role=\"img\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\" class=\"svg-inline--fa fa-chart-bar fa-w-16 fa-2x\"><path fill=\"currentColor\" d=\"M396.8 352h22.4c6.4 0 12.8-6.4 12.8-12.8V108.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v230.4c0 6.4 6.4 12.8 12.8 12.8zm-192 0h22.4c6.4 0 12.8-6.4 12.8-12.8V140.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v198.4c0 6.4 6.4 12.8 12.8 12.8zm96 0h22.4c6.4 0 12.8-6.4 12.8-12.8V204.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v134.4c0 6.4 6.4 12.8 12.8 12.8zM496 400H48V80c0-8.84-7.16-16-16-16H16C7.16 64 0 71.16 0 80v336c0 17.67 14.33 32 32 32h464c8.84 0 16-7.16 16-16v-16c0-8.84-7.16-16-16-16zm-387.2-48h22.4c6.4 0 12.8-6.4 12.8-12.8v-70.4c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v70.4c0 6.4 6.4 12.8 12.8 12.8z\" class=\"\"><\/path><\/svg><\/i> <img loading=\"lazy\" decoding=\"async\" width=\"16\" height=\"16\" alt=\"Loading\" src=\"https:\/\/www.betfairtradingblog.com\/blog_wp\/wp-content\/plugins\/page-views-count\/ajax-loader-2x.gif\" border=0 \/><\/p>\n<div class=\"pvc_clear\"><\/div>\n\n<div class=\"twitter-share\"><a href=\"https:\/\/twitter.com\/intent\/tweet?via=betangel\" class=\"twitter-share-button\">Tweet<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>In this video I discuss a simplistic approach to estimating correct score odds by deriving them from the match odds markets. You can do this automatically in Bet Angel.\u00a0There are several layers and depths you can get to with pricing models and this is a fairly simple &#8216;top level&#8217; model that is easy to understand [&hellip;]<\/p>\n<div class=\"pvc_clear\"><\/div>\n<p id=\"pvc_stats_9847\" class=\"pvc_stats all  \" data-element-id=\"9847\" style=\"\"><i class=\"pvc-stats-icon medium\" aria-hidden=\"true\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"far\" data-icon=\"chart-bar\" role=\"img\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\" class=\"svg-inline--fa fa-chart-bar fa-w-16 fa-2x\"><path fill=\"currentColor\" d=\"M396.8 352h22.4c6.4 0 12.8-6.4 12.8-12.8V108.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v230.4c0 6.4 6.4 12.8 12.8 12.8zm-192 0h22.4c6.4 0 12.8-6.4 12.8-12.8V140.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v198.4c0 6.4 6.4 12.8 12.8 12.8zm96 0h22.4c6.4 0 12.8-6.4 12.8-12.8V204.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v134.4c0 6.4 6.4 12.8 12.8 12.8zM496 400H48V80c0-8.84-7.16-16-16-16H16C7.16 64 0 71.16 0 80v336c0 17.67 14.33 32 32 32h464c8.84 0 16-7.16 16-16v-16c0-8.84-7.16-16-16-16zm-387.2-48h22.4c6.4 0 12.8-6.4 12.8-12.8v-70.4c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v70.4c0 6.4 6.4 12.8 12.8 12.8z\" class=\"\"><\/path><\/svg><\/i> <img loading=\"lazy\" decoding=\"async\" width=\"16\" height=\"16\" alt=\"Loading\" src=\"https:\/\/www.betfairtradingblog.com\/blog_wp\/wp-content\/plugins\/page-views-count\/ajax-loader-2x.gif\" border=0 \/><\/p>\n<div class=\"pvc_clear\"><\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1359,1],"tags":[2014,39,538,2013,1856,6],"class_list":["post-9847","post","type-post","status-publish","format-standard","hentry","category-football_trading_strategies","category-using_bet_angel_software","tag-correct-score","tag-football","tag-odds","tag-odds-compiling","tag-pricing","tag-soccer"],"_links":{"self":[{"href":"https:\/\/www.betfairtradingblog.com\/blog_wp\/wp-json\/wp\/v2\/posts\/9847"}],"collection":[{"href":"https:\/\/www.betfairtradingblog.com\/blog_wp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.betfairtradingblog.com\/blog_wp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.betfairtradingblog.com\/blog_wp\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.betfairtradingblog.com\/blog_wp\/wp-json\/wp\/v2\/comments?post=9847"}],"version-history":[{"count":2,"href":"https:\/\/www.betfairtradingblog.com\/blog_wp\/wp-json\/wp\/v2\/posts\/9847\/revisions"}],"predecessor-version":[{"id":9850,"href":"https:\/\/www.betfairtradingblog.com\/blog_wp\/wp-json\/wp\/v2\/posts\/9847\/revisions\/9850"}],"wp:attachment":[{"href":"https:\/\/www.betfairtradingblog.com\/blog_wp\/wp-json\/wp\/v2\/media?parent=9847"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.betfairtradingblog.com\/blog_wp\/wp-json\/wp\/v2\/categories?post=9847"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.betfairtradingblog.com\/blog_wp\/wp-json\/wp\/v2\/tags?post=9847"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}