by otto_ortega on 6/7/18, 9:28 PM with 1 comments
For predicting the odds of a team winning an specific match it seems that there are 2 approaches that have been proved to be effective:
- Using Elo Ratings [1] - Using the bookmaker consensus model [2]
And we can easily obtain data to setup a model based on those approaches from the Elo Rating website and betting odds comparison sites respectively.
Now, for predicting the score of a given match it seems most approaches seems to use statistics about shots per game, shots on target, and goals per game. But I couldn't find any website to use as data source for that information.
So Im wondering what models or techniques could the HN community suggest, and if someone is aware of some website to use as data source to create a model to predict a match score.
[1] http://www.eloratings.net/about [2] https://arxiv.org/pdf/1710.02824.pdf
by marketgod on 6/7/18, 9:40 PM
Off topic, but to make money:
You can open an account with a book in both home countries, and try to bet the home team on the away book and visa versa. Most locals bet on their home team so if you bet in the opposite country, your odds get better.