Poisson model assumes
scores are independent of
each other!
!
Doesn’t account for teams
motivation - e.g. playing for a
draw
Applying the Dixon &
Coles Adjustment
x=y=0: 1-λμρ&
x=0, y=1: 1+λρ&
x=1, y=0: 1+μρ&
x=1, y=1: 1-ρ&
otherwise: 1
Man City Vs Man Utd
Man City = 1.88 (53%)&
Draw = 4.13 (24%)&
Away = 4.45 (23%)
Conclusions
Poisson model with the Dixon & Coles
adjustment is simple yet relatively
accurate!
!
!
Other parameters, such as weather,
injuries, can be added to improve
accuracy!
!
!
Needs combining with an effective staking
strategy though