First of all, let us ask you a few questions.
How sure are you that the offered odds prices for any betting market are the real ones by the bookies?
How easy is it to find it out? Do you know the meaning of "Betting the Opposite"?
Do you know the benefits that you have if you bet on an opposite to bookies betting market?
For the above questions, the answers are very easy and simple. Using only pure stats is very easy to understand and calculate the real odd’s prices and probabilities for any betting market of the game. This is the reason why we at BetPractice have developed Odds Compiler Platform, an advanced online platform that compiles the odds and the relative probabilities for betting on football games.
Real odds is the price of a betting market based only on pure statistical analysis. We do not take any other factors (players injuries, red cards, rumors, etc.) into consideration
"Betting the Opposite" means that the statistical odds price of a betting market is different than the one the bookies offer. In any game, the betting markets that you might find opposite odds prices are the following (most popular betting markets)
• Full Time Match odds
• Half Time Match odds
• Over / Under markets
• Double chance
• Team to win a half/Team to win both halves
• Both Teams to score / Last team to score
• Team to score in a half / Team to score in both halves
• Any other betting market that the bet is based on Yes / No
How easy is it to find an opposite bet?
By using Odds Compiler Platform, you have the capability to compile the odds for both pre-game and live betting and to compare them to the ones that the bookmakers offer in order to find out the opposite bets. Also, you can reveal the way the bookmakers offer the odds and point out how you can make the best of it.
For example, if on any game, the bookies offer as favorite Full Time match market the Home win, but due to statistical analysis by Odds Compiler the favorite market is the Draw or the Away win, then you have an opportunity to "Bet the Opposite".
Another example is the Over/Under markets on a game. If the bookies offer as favorite that the final score is Under2.5, but due to Odds Compiler (pure statistical analysis) is Over2.5, then you have an opportunity to "Bet the Opposite".
Now, you can find out how easy is to use and understand "Betting the Opposite" using the Odds Compiler Platform.
First of all you have to select the game that you want to bet. Then you have to decide the data sample that you will use in order to compile the odds and the probabilities.
Let’s assume that you want to bet on Full Time Match Markets for the game of Spain Segunda Division between Hercules and Guadalajara.
For the specific game, also let's assume that the bookies offer as favorite the win of Guadalajara.
Our data sample includes the last two seasons and as filter selection we use one Team as Home and the other Team as Away.
According to Odds Compiler the favorite is the win of Hercules. The real odds are 2.16 with success probability 46.25%.
We have an opposite bet.
Our data sample includes the current season and as filter selection we use one Team as Home and the other Team as Away.
According to Odds Compiler, the favorite is again the win of Hercules. The real odd is 2.29 with success probability 43.59%.
We still have an opposite bet.
Our data sample includes the current form of the teams. As current form, we assume the last six (6) games for each team that they have played in the current season. We declare both Teams as Home & Away.
According to Odds Compiler, the favorite market is once more the win of Hercules. The real odd is 1.71 with success probability 58.33%.
We still have an opposite bet with higher success probability.
Our data sample includes the current form of the teams. As current form, we assume the last six (6) games for each team that they have played in the current season. We declare now one Team as Home and the other Team as Away.
According to Odds Compiler, the favorite is again the win of Hercules. The real odd is 1.50 with success probability 66.67%.
We still have an opposite bet with even higher success probability.
So, after the above statistical analysis, we are more sure that the Match odds are an opposite bet
• Any opposite bet has high odds price by the bookmakers
• The real probability of success is higher that the offered one by the bookies
• If you get the bet a few days before the kick-off time, then you might get even higher odds price. Due to fact that the bookies already know that is an opposite bet, if you wait to close the bet before the game, the bookies' odds prices will be close to the real odds we gave days before kick-off..
• "Betting the Opposite" always has value.