Have a read of the first post here to make sense of this little tracking experiment:
No joy yesterday. In retrospect I should have changed the tracking experiment and made it a no bet day. There really wasn’t much value in those odds and the bookies had things pretty tight. Still, the Holland -1 was a dodgy penalty in the 94th minute away from coming good.
Thankfully today we have one clear cut value bet, at least according to the ratings.
The Castrol ratings for Monday’s matches are as follows. I’ve added in the best odds and whether they represent value according to the ratings. If the best odds are above the castrol predicted value level then we take that bet. The ratings are for the match result including over time and penalties not 90 mins.
Green means value. Red means no value. Chances & odds based on ‘to qualify’ i.e. including O/T & penalties
1. Paraguay vs Japan
Paraguay: 53% Chance -> Value odds: 1.89-> Best odds 1.55
Japan: 47% Chance -> Value odds: 2.13-> Best odds 2.65 Bet Chronicle.
Japan have 47% chance of qualifying according to Castrol vs the best bookie odds of 2.65 which implies a 37% chance. Who’s right? We’ll find out in a few hours. Japan +0.5 is 1.92 while seems reasonable, but the value bet is Japan to qualify @ 2.65.
2. Spain vs Portugal
Spain: 63% Chance -> Value odds: 1.59 > Best odds 1.48
Portugal: 37% Chance -> Value odds: 2.70 -> Best odds 2.84
Spain should win this, but the value lies with Portugal according to Castrol. Portugal are given a 37% chance which still isn’t great with 2.84 representing a 35% probability. Value, but not enough for me, so I’ll skip this one for the tracking experiment. For the record, Spain are 2.11 for the win, Portugal 4.40 for the win over 90. Portugal +0.5 is 1.91 with 12 bet.