Premier League Fink Tank Value Betting Results Update

This season in the Premier League, we have been using the free Fink Tank/ Dectech ratings to help us spot value bets.

We tested the Fink Tank ratings on the EPL last season using the same value betting approach and found some very positive results. Click here for a summary of the results and an outline of how we identified a value bet from the ratings.

Essentially if the ratings give a better chance that the bookie odds are implying, you take the bet. If the ratings give a team a 40% chance of winning and the bookies are implying just a 30% chance, then you have a value bet. It may not be the most likely winner, but if you buy enough things at under market value, eventually the profits will emerge through the short term noise.

We’ve been tracking all the qualifiers this season for our members on our forum [membership required]. First here’s a recap on last season’s results. Continue reading

Champions league value bets: Man City over priced at Villarreal

Value bets for the group stages:

Using the Fink Tank/ Dectech ratings we can also hunt out some value bets the upcoming group stage matches. We tested the Fink Tank ratings on the EPL last season using a value betting approach and found some very positive results. Click here for a summary of the results and an outline of how we identified a value bet from the ratings.

Essentially if the ratings imply a better chance that the bookie odds are implying, you take the bet. If the ratings give a team a 40% chance of winning and the bookies are implying just a 30% chance, then you have a value bet. It may not be the most likely winner, but if you buy enough things at under market value, eventually the profits will emerge through the short term noise.

Here’s what the ratings threw up in the last round of Champions League games. 

Results so far: 
The ratings have flagged up lots of value in the underdogs, but so far, the ratings haven’t landed any major shocks.
Bets: 45
Profit/ loss: -17.75 points
Tuesday’s games:  
First up, here are the English team’s chances tonight according to the Dectech ratings:
  • Villarreal vs Man City: Man City 51.6% Chance. No value with City.
  • Man U vs Otelul: Man U 87.2% chance. No value with Man U.
  • Arsenal vs Marseille: Arsenal 56.1% chance. No value in Arsenal.
  • Genk vs Chelsea: Chelsea 71% chance. No value with Chelsea.
The English clubs are all likely winners but the bookies are offering no value according to the ratings. Continue reading

Will boring Villa scupper Man City’s hot streak?

In this article, the analysts from the excellent Form Lab Black software help analyse some of the current winning and losing streaks of teams in the English Premier League to identify what might happen next.

Man City are flying, having won eight home games on the bounce, but can they keep it up?

To simplify the analysis, the streaks primarily refer to each team playing at home or away respectively going back to 2006. E.g. We’re only looking at the home winning/ losing streaks not their home and way performance.

Man City (8 home wins) vs Aston Villa (3 away draws)

  • Man City have won eight home games on the bounce just once before, winning the next game against Bolton 4-2.
  • In the history of the Premier League since 2006, there have been 12 instances of teams winning 8 home games on the bounce. The hot team won their next home game 75% of the time, making a small profit of 0.4 points. The last team to do this was Manchester United who happened to beat Villa in their next game.
  • Villa have drawn three away games on the bounce just twice before, drawing once and losing the other time.
  • Since 2006 there have been 23 instances of teams drawing three consecutive away games. Backing the away team is unsurprisingly a bad option, with the draw masters winning the next game just 13% of the time and losing 48% of the time. Backing another draw isn’t a bad shout though, it happened 39% of the time returning a profit of 9.9 points.

Wigan (DWDWL from last 5 home) vs Bolton (3 points from last 5 games)

  • Bolton are rooted at the foot of the table having secured just one win this season. They been in a situation of having scored between 2-4 points from 5 away games 40 times before. The odds of a turnaround tomorrow aren’t great with Bolton losing their next away game 70% of the time.
  • Backing Bolton to lose the next away game would have actually returned a profit of +8.7 points from 40 games.
  • Historically since 2006, any Premier League team with just 2-4 points from their last 5 games has won the next match just 21% of the time and losing 53% of the time.
  • It’s not impossible that Bolton will turn it around tomorrow, but the odds are against it.

Pick up a Smart Betting Club membership to access all this and more.

 

Will boring Villa scupper Man City's hot streak?

In this article, the analysts from the excellent Form Lab Black software help analyse some of the current winning and losing streaks of teams in the English Premier League to identify what might happen next.

Man City are flying, having won eight home games on the bounce, but can they keep it up?

To simplify the analysis, the streaks primarily refer to each team playing at home or away respectively going back to 2006. E.g. We’re only looking at the home winning/ losing streaks not their home and way performance.

Man City (8 home wins) vs Aston Villa (3 away draws)

  • Man City have won eight home games on the bounce just once before, winning the next game against Bolton 4-2.
  • In the history of the Premier League since 2006, there have been 12 instances of teams winning 8 home games on the bounce. The hot team won their next home game 75% of the time, making a small profit of 0.4 points. The last team to do this was Manchester United who happened to beat Villa in their next game.
  • Villa have drawn three away games on the bounce just twice before, drawing once and losing the other time.
  • Since 2006 there have been 23 instances of teams drawing three consecutive away games. Backing the away team is unsurprisingly a bad option, with the draw masters winning the next game just 13% of the time and losing 48% of the time. Backing another draw isn’t a bad shout though, it happened 39% of the time returning a profit of 9.9 points.

Wigan (DWDWL from last 5 home) vs Bolton (3 points from last 5 games)

  • Bolton are rooted at the foot of the table having secured just one win this season. They been in a situation of having scored between 2-4 points from 5 away games 40 times before. The odds of a turnaround tomorrow aren’t great with Bolton losing their next away game 70% of the time.
  • Backing Bolton to lose the next away game would have actually returned a profit of +8.7 points from 40 games.
  • Historically since 2006, any Premier League team with just 2-4 points from their last 5 games has won the next match just 21% of the time and losing 53% of the time.
  • It’s not impossible that Bolton will turn it around tomorrow, but the odds are against it.

Pick up a Smart Betting Club membership to access all this and more.

 

Welsh Dragon to roar? Not likely according to Castrol's ratings

Last Friday we looked at value bets according to Castrol’s ratings as well as picking out some value bets of our own. Castrol ratings are powered by the Detech, the same team behind the powerful Fink Tank Ratings.

The ratings managed to pick out some huge value in the Euro 2012 fixtures, with a profit of +6.83 points from the 12 points wagered. Highlights include Latvia beating Georgia at 5.68 and Hungary beating Sweden at 4.50. Continue reading

Welsh Dragon to roar? Not likely according to Castrol’s ratings

Last Friday we looked at value bets according to Castrol’s ratings as well as picking out some value bets of our own. Castrol ratings are powered by the Detech, the same team behind the powerful Fink Tank Ratings.

The ratings managed to pick out some huge value in the Euro 2012 fixtures, with a profit of +6.83 points from the 12 points wagered. Highlights include Latvia beating Georgia at 5.68 and Hungary beating Sweden at 4.50. Continue reading

England favourites to beat Bulgaria…But there's no value in it.

The bookies have England as hot favourites to beat Bulgaria away tonight, but according to Castrol’s ratings, there’s more value in backing Bulgaria.

Last summer we used the Castrol ratings to find value bets in the World cup and had a happy time of it. The final total was +10.49 points from 32 points staked. Click here to check out this tracking experiment.

So for the remainder of the Euro2012 qualifiers, we’ll be tracking where the value lies according to Castrol’s ratings and picking out some value bets of our own. Castrol ratings are powered by the Detech, the same team behind the powerful Fink Tank Ratings.

First here’s the % chances given to the UK’s home nations:

Bulgaria vs England: England 52% chance.
Scotland vs Czech Republic: Scotland 34% chance.
Wales vs Montenegro:  Wales 33% chance.
Northern Ireland vs Serbia: Northern Ireland 16% chance.
Ireland vs Slovakia (Not UK of course, but lots of interest here as well):  Ireland 55% chance. Continue reading

England favourites to beat Bulgaria…But there’s no value in it.

The bookies have England as hot favourites to beat Bulgaria away tonight, but according to Castrol’s ratings, there’s more value in backing Bulgaria.

Last summer we used the Castrol ratings to find value bets in the World cup and had a happy time of it. The final total was +10.49 points from 32 points staked. Click here to check out this tracking experiment.

So for the remainder of the Euro2012 qualifiers, we’ll be tracking where the value lies according to Castrol’s ratings and picking out some value bets of our own. Castrol ratings are powered by the Detech, the same team behind the powerful Fink Tank Ratings.

First here’s the % chances given to the UK’s home nations:

Bulgaria vs England: England 52% chance.
Scotland vs Czech Republic: Scotland 34% chance.
Wales vs Montenegro:  Wales 33% chance.
Northern Ireland vs Serbia: Northern Ireland 16% chance.
Ireland vs Slovakia (Not UK of course, but lots of interest here as well):  Ireland 55% chance. Continue reading

Fink Tank Value Picks 2011/2012

Fink Tank provide predictions on football games based on their model which is roughly based around shot on target. We tested their English Premier League ratings in the 2010/2011 season were very pleased with the results, returning over 50 points level stakes profit. 

How we tested it: 

For our test, we use the predictions from Fink Tank/ Dectech and only bet when the predicted % chance is better than the predicted chance implied by the available bookmaker odds.

Fink Tank/ Dectech provide their predictions in the form of estimated probabilities for the home win, draw and away win. You can then compare this to the available odds to assess whether a particular game offers value.

Here’s how the probabilities are displayed by Dectech/ Fink Tank

For example if the game is Blackburn vs Wolves, Fink Tank might give Blackburn a 51.4% chance. This means that according to the ratings, Blackburn should win 51.4 times out of a hundred.

Finding value

The next step is to find out if those ratings offer value. The ratings might give Man U a 68.3% chance of an away win against Blackpool, but are the bookies taking this into account with the odds they are offering?

Here’s how:

Step 1) First we need to compare like for like. This means we need to see what the ratings percentages are equivalent to in bookie odds.  To work this out, divide 100 by the predicted percentage. So for the Man U game, divide 100 by 68.3. This gives decimal odds of 1.46.

Step 2) Check for value. Now use an odds comparison site such as www.oddsportal.com. If the bookmakers are offering odds above 1.46 on Man U to win, it means there is value in the bet, but if they’re offering odds below 1.46 it means they are being too tight with the odds.

The difference between the predicted probability and the available odds gives you a measure of the % value available.

Here’s a typical table that we worked with:

Ratings Performance in 2010/2011.

We took this value betting approach last season to test the ratings. This meant we’d bet on the team if their predicted chance was greater than the chance implied by the bookie odds. E.g. Dectech gave Bolton 53% chance, the bookies only gave them a 45% chance. It doesn’t mean you’re going to win, just that you are more likely to win that the odds imply.

A point is equivalent to a mythical £1 on every bet.

Here’s the home & away comparison.

BetsProfitROI
All bets31052.3716.89%
Homes15326.617.00%
Aways15227.618.00%

The ratings performed superbly last season when taking this value betting approach. As good as these results appear, it certainly wasn’t a smooth ride with the profits coming in fits and starts, usually as big winners were landed. Notable highlights included West Brom to beat Arsenal away at 17.50, Newcastle to beat Arsenal away at 13.04, Wigan to beat Spurs away at 12.59 and Wolves to beat Liverpool away at 10.00. These four bets alone account for the bulk of the profits made over the season! This is worth bearing in mind before we read too much into last season’s results.

You can check our testing posts from last season with this link. 

 

2011/2012 Season. 

This season we’ll be posting the full list of value picks exclusively on our members’ betting forum, but we will continue to post up a couple of games each week here.

A word of warning though in that the ratings may be a little off in the first few games of the season if they are based on last year’s stats, so we suggest caution in the first few weeks.

As an example, here are 3 of the top value bets from the first weekend of betting in the Premier League this season.

Fink Tank

  • Newcastle Utd – Arsenal:  Newcastle @ 4.33 Corals = 23.84% Value.
  • Fulham – Aston Villa: Fulham @ 2.2 Various bookies = 4.5% Value.
  • QPR – Bolton: Bolton @ 3.47 Pinnacle Sports = 37% value

To get the full list of qualifiers each week, sign up to the Smart Betting Club today. 

Dark horses, sleepers and teams to avoid this football season

Today we released SBC’s Essential Guide to Football Betting stacked with free systems, tipster and analysis for the 2011/2012 football season.

We couldn’t fit all this content in a single edition, so as a special bonus we have made available one of the sections for all to read.

Editor in chief Greg Gordon asked a selection of the football experts that we monitor to provide some ideas on dark horses, sleepers and teams to avoid in this coming football season….

Dark Horses, Sleepers and Teams To Avoid

Having covered The Premiership, We set our caucus of top tipsters the onerous task of unearthing value bets hidden with the morass of Europe’s football markets.

Here is our rundown of the best long-term wagers on offer, those teams to oppose and teams we should side with.

England

Like Scott Armstrong of The Sportsman, Greg Gordon of Scottish Football Bets, and Phil Brown of Betting Laying Club have taken a shine to Brighton.

Phil Says: “I feel Brighton under the guidance of Gus Poyet will give the Championship a real go this season at 20/1 and expect their big signing Mackail-Smith to score plenty of goals.” Continue reading