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1 / 37
GP Betting League
Become a Pro
Łukasz Głowacki
2 / 37
Plan
● Approaches to betting
● My method
● Some stats and graphs
3 / 37
Needful knowledge
● Betting for beginners
● Some basics from Probability Theory and Statistics
4 / 37
About me
● DevOps Engineer in the NYX team
● Interesting in football and gambling theory
● Gambling against friends for 20 years
● Wrote 4 friendly gambling mini-portals
● Some successes in GPBL ;-)
5 / 37
Approaches to betting
● I’m an expert v I follow experts
6 / 37
Watching bookmakers
7 / 37
Watching bookmakers
Manchester United v Liverpool
Match odds
1 3.15
2 2.64
X 3.25
8 / 37
Watching bookmakers
Manchester United v Liverpool
Match odds Correct score
1 3.15 0 - 0 11.5 2 - 0 19.5
2 2.64 0 - 1 10.5 2 - 1 12.5
X 3.25 0 - 2 17.0 2 - 2 15.5
0 - 3 36.0 2 - 3 36.0
1 - 0 12.0 3 - 0 50.0
1 - 1 7.0 3 - 1 30.0
1 - 2 11.0 3 - 2 42.0
1 - 3 24.0 3 - 3 75.0
9 / 37
Maximal expected value
● In probability theory, the expected value of a
random variable, intuitively, is the long-run average
value of repetitions of the experiment it represents.
10 / 37
Example
● Bookmaker pays 10 coins for obtaining numbers 2
or 3 in a dice throw, 20 for obtaining 5 and expects
25 coins back if we obtain 4.
11 / 37
Maximum expected value
● Expected value of GPBL pointing rules
12 / 37
Maximum expected value
● Expected value of GPBL pointing rules
13 / 37
Maximum expected value
● Expected value of GPBL pointing rules
14 / 37
Maximum expected value
● Bonus points value is not possible to settle straight
from the pointing rules
● But if we assume we count on about 5 correct
scores per gameweek, the average bonus is 2
(0 + 1 + 2 + 3 + 4) / 5 = 10 / 5 = 2
● If the matches are played one after another, we can
use the next possible bonus
15 / 37
Maximum expected value
● Expected value of GPBL pointing rules
16 / 37
Example
Manchester United v Liverpool
Match odds Correct score
1 3.15 0 - 0 11.5 2 - 0 19.5
2 2.64 0 - 1 10.5 2 - 1 12.5
X 3.25 0 - 2 17.0 2 - 2 15.5
0 - 3 36.0 2 - 3 36.0
1 - 0 12.0 3 - 0 50.0
1 - 1 7.0 3 - 1 30.0
1 - 2 11.0 3 - 2 42.0
1 - 3 24.0 3 - 3 75.0
17 / 37
Example
Manchester United v Liverpool - 2 - 1
Match odds Correct score
1 3.15 0 - 0 11.5 2 - 0 19.5
2 2.64 0 - 1 10.5 2 - 1 12.5
X 3.25 0 - 2 17.0 2 - 2 15.5
0 - 3 36.0 2 - 3 36.0
1 - 0 12.0 3 - 0 50.0
1 - 1 7.0 3 - 1 30.0
1 - 2 11.0 3 - 2 42.0
1 - 3 24.0 3 - 3 75.0
18 / 37
Example
Manchester United v Liverpool - 2 - 1
Match odds Correct score
1 3.15 0 - 0 11.5 2 - 0 19.5
2 2.64 0 - 1 10.5 2 - 1 12.5
X 3.25 0 - 2 17.0 2 - 2 15.5
0 - 3 36.0 2 - 3 36.0
1 - 0 12.0 3 - 0 50.0
1 - 1 7.0 3 - 1 30.0
1 - 2 11.0 3 - 2 42.0
1 - 3 24.0 3 - 3 75.0
19 / 37
Example
Manchester United v Liverpool - 2 - 1
Match odds Correct score
1 3.15 0 - 0 11.5 2 - 0 19.5
2 2.64 0 - 1 10.5 2 - 1 12.5
X 3.25 0 - 2 17.0 2 - 2 15.5
0 - 3 36.0 2 - 3 36.0
1 - 0 12.0 3 - 0 50.0
1 - 1 7.0 3 - 1 30.0
1 - 2 11.0 3 - 2 42.0
1 - 3 24.0 3 - 3 75.0
20 / 37
Example
Manchester United v Liverpool - 2 - 1
Match odds Correct score
1 3.15 0 - 0 11.5 2 - 0 19.5
2 2.64 0 - 1 10.5 2 - 1 12.5
X 3.25 0 - 2 17.0 2 - 2 15.5
0 - 3 36.0 2 - 3 36.0
1 - 0 12.0 3 - 0 50.0
1 - 1 7.0 3 - 1 30.0
1 - 2 11.0 3 - 2 42.0
1 - 3 24.0 3 - 3 75.0
21 / 37
Example
Manchester United v Liverpool - 2 - 1
Match odds Correct score
1 3.15 0 - 0 11.5 2 - 0 19.5
2 2.64 0 - 1 10.5 2 - 1 12.5
X 3.25 0 - 2 17.0 2 - 2 15.5
0 - 3 36.0 2 - 3 36.0
1 - 0 12.0 3 - 0 50.0
1 - 1 7.0 3 - 1 30.0
1 - 2 11.0 3 - 2 42.0
1 - 3 24.0 3 - 3 75.0
22 / 37
Example
Manchester United v Liverpool - 2 - 1
Match odds Correct score
1 3.15 0 - 0 11.5 2 - 0 19.5
2 2.64 0 - 1 10.5 2 - 1 12.5
X 3.25 0 - 2 17.0 2 - 2 15.5
0 - 3 36.0 2 - 3 36.0
1 - 0 12.0 3 - 0 50.0
1 - 1 7.0 3 - 1 30.0
1 - 2 11.0 3 - 2 42.0
1 - 3 24.0 3 - 3 75.0
23 / 37
Example
Manchester United v Liverpool - 2 - 1
Score Expected value Score Expected value
1 - 1 2.22 1 - 3 1.78
0 - 1 2.16 2 - 3 1.74
1 - 2 2.13 2 - 0 1.60
0 - 0 1.91 0 - 3 1.59
1 - 0 1.90 3 - 1 1.55
2 - 1 1.88 3 - 2 1.52
0 - 2 1.86 3 - 3 1.46
2 - 2 1.82 3 - 0 1.34
24 / 37
Well, this is the theory...
But let’s dig into data to find out some regularities
https://bettingleaguegp.appspot.com/api/results?id=34
25 / 37
Some GPBL stats
The winner
26 / 37
Some GPBL stats
Correct scores
27 / 37
Some GPBL stats
Goals difference
28 / 37
Some GPBL stats
Host goals
29 / 37
Some GPBL stats
Guest goals
30 / 37
Some GPBL stats
Correct score - Poland
31 / 37
Some GPBL stats
Correct score - France
32 / 37
Some GPBL stats
The winner – Italy, CL
33 / 37
Some GPBL stats
The winner – England, Poland
34 / 37
Some GPBL stats
The winner - Spain
35 / 37
Final tips
● Polish league is unpredictable
● The best approach to the Polish league is 1:0
● In the English and Polish leagues hosts are the
winners in one match out of two
● French league: Martyn mode (1:0, 1:1, 0:1)
● Exceptions are PSG, Monaco, Lyon
36 / 37
Final tips
● Spanish league likes draws
● Italian doesn’t
● Generally, if the lowest price in match odds is
greater than 2.65, pick draw
● In doubt pick the most popular result
● Keep patient – you are only a fluctuation
37 / 37
That’s all, folks
Thank you

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GP Betting League - How to become a pro

  • 1. 1 / 37 GP Betting League Become a Pro Łukasz Głowacki
  • 2. 2 / 37 Plan ● Approaches to betting ● My method ● Some stats and graphs
  • 3. 3 / 37 Needful knowledge ● Betting for beginners ● Some basics from Probability Theory and Statistics
  • 4. 4 / 37 About me ● DevOps Engineer in the NYX team ● Interesting in football and gambling theory ● Gambling against friends for 20 years ● Wrote 4 friendly gambling mini-portals ● Some successes in GPBL ;-)
  • 5. 5 / 37 Approaches to betting ● I’m an expert v I follow experts
  • 6. 6 / 37 Watching bookmakers
  • 7. 7 / 37 Watching bookmakers Manchester United v Liverpool Match odds 1 3.15 2 2.64 X 3.25
  • 8. 8 / 37 Watching bookmakers Manchester United v Liverpool Match odds Correct score 1 3.15 0 - 0 11.5 2 - 0 19.5 2 2.64 0 - 1 10.5 2 - 1 12.5 X 3.25 0 - 2 17.0 2 - 2 15.5 0 - 3 36.0 2 - 3 36.0 1 - 0 12.0 3 - 0 50.0 1 - 1 7.0 3 - 1 30.0 1 - 2 11.0 3 - 2 42.0 1 - 3 24.0 3 - 3 75.0
  • 9. 9 / 37 Maximal expected value ● In probability theory, the expected value of a random variable, intuitively, is the long-run average value of repetitions of the experiment it represents.
  • 10. 10 / 37 Example ● Bookmaker pays 10 coins for obtaining numbers 2 or 3 in a dice throw, 20 for obtaining 5 and expects 25 coins back if we obtain 4.
  • 11. 11 / 37 Maximum expected value ● Expected value of GPBL pointing rules
  • 12. 12 / 37 Maximum expected value ● Expected value of GPBL pointing rules
  • 13. 13 / 37 Maximum expected value ● Expected value of GPBL pointing rules
  • 14. 14 / 37 Maximum expected value ● Bonus points value is not possible to settle straight from the pointing rules ● But if we assume we count on about 5 correct scores per gameweek, the average bonus is 2 (0 + 1 + 2 + 3 + 4) / 5 = 10 / 5 = 2 ● If the matches are played one after another, we can use the next possible bonus
  • 15. 15 / 37 Maximum expected value ● Expected value of GPBL pointing rules
  • 16. 16 / 37 Example Manchester United v Liverpool Match odds Correct score 1 3.15 0 - 0 11.5 2 - 0 19.5 2 2.64 0 - 1 10.5 2 - 1 12.5 X 3.25 0 - 2 17.0 2 - 2 15.5 0 - 3 36.0 2 - 3 36.0 1 - 0 12.0 3 - 0 50.0 1 - 1 7.0 3 - 1 30.0 1 - 2 11.0 3 - 2 42.0 1 - 3 24.0 3 - 3 75.0
  • 17. 17 / 37 Example Manchester United v Liverpool - 2 - 1 Match odds Correct score 1 3.15 0 - 0 11.5 2 - 0 19.5 2 2.64 0 - 1 10.5 2 - 1 12.5 X 3.25 0 - 2 17.0 2 - 2 15.5 0 - 3 36.0 2 - 3 36.0 1 - 0 12.0 3 - 0 50.0 1 - 1 7.0 3 - 1 30.0 1 - 2 11.0 3 - 2 42.0 1 - 3 24.0 3 - 3 75.0
  • 18. 18 / 37 Example Manchester United v Liverpool - 2 - 1 Match odds Correct score 1 3.15 0 - 0 11.5 2 - 0 19.5 2 2.64 0 - 1 10.5 2 - 1 12.5 X 3.25 0 - 2 17.0 2 - 2 15.5 0 - 3 36.0 2 - 3 36.0 1 - 0 12.0 3 - 0 50.0 1 - 1 7.0 3 - 1 30.0 1 - 2 11.0 3 - 2 42.0 1 - 3 24.0 3 - 3 75.0
  • 19. 19 / 37 Example Manchester United v Liverpool - 2 - 1 Match odds Correct score 1 3.15 0 - 0 11.5 2 - 0 19.5 2 2.64 0 - 1 10.5 2 - 1 12.5 X 3.25 0 - 2 17.0 2 - 2 15.5 0 - 3 36.0 2 - 3 36.0 1 - 0 12.0 3 - 0 50.0 1 - 1 7.0 3 - 1 30.0 1 - 2 11.0 3 - 2 42.0 1 - 3 24.0 3 - 3 75.0
  • 20. 20 / 37 Example Manchester United v Liverpool - 2 - 1 Match odds Correct score 1 3.15 0 - 0 11.5 2 - 0 19.5 2 2.64 0 - 1 10.5 2 - 1 12.5 X 3.25 0 - 2 17.0 2 - 2 15.5 0 - 3 36.0 2 - 3 36.0 1 - 0 12.0 3 - 0 50.0 1 - 1 7.0 3 - 1 30.0 1 - 2 11.0 3 - 2 42.0 1 - 3 24.0 3 - 3 75.0
  • 21. 21 / 37 Example Manchester United v Liverpool - 2 - 1 Match odds Correct score 1 3.15 0 - 0 11.5 2 - 0 19.5 2 2.64 0 - 1 10.5 2 - 1 12.5 X 3.25 0 - 2 17.0 2 - 2 15.5 0 - 3 36.0 2 - 3 36.0 1 - 0 12.0 3 - 0 50.0 1 - 1 7.0 3 - 1 30.0 1 - 2 11.0 3 - 2 42.0 1 - 3 24.0 3 - 3 75.0
  • 22. 22 / 37 Example Manchester United v Liverpool - 2 - 1 Match odds Correct score 1 3.15 0 - 0 11.5 2 - 0 19.5 2 2.64 0 - 1 10.5 2 - 1 12.5 X 3.25 0 - 2 17.0 2 - 2 15.5 0 - 3 36.0 2 - 3 36.0 1 - 0 12.0 3 - 0 50.0 1 - 1 7.0 3 - 1 30.0 1 - 2 11.0 3 - 2 42.0 1 - 3 24.0 3 - 3 75.0
  • 23. 23 / 37 Example Manchester United v Liverpool - 2 - 1 Score Expected value Score Expected value 1 - 1 2.22 1 - 3 1.78 0 - 1 2.16 2 - 3 1.74 1 - 2 2.13 2 - 0 1.60 0 - 0 1.91 0 - 3 1.59 1 - 0 1.90 3 - 1 1.55 2 - 1 1.88 3 - 2 1.52 0 - 2 1.86 3 - 3 1.46 2 - 2 1.82 3 - 0 1.34
  • 24. 24 / 37 Well, this is the theory... But let’s dig into data to find out some regularities https://bettingleaguegp.appspot.com/api/results?id=34
  • 25. 25 / 37 Some GPBL stats The winner
  • 26. 26 / 37 Some GPBL stats Correct scores
  • 27. 27 / 37 Some GPBL stats Goals difference
  • 28. 28 / 37 Some GPBL stats Host goals
  • 29. 29 / 37 Some GPBL stats Guest goals
  • 30. 30 / 37 Some GPBL stats Correct score - Poland
  • 31. 31 / 37 Some GPBL stats Correct score - France
  • 32. 32 / 37 Some GPBL stats The winner – Italy, CL
  • 33. 33 / 37 Some GPBL stats The winner – England, Poland
  • 34. 34 / 37 Some GPBL stats The winner - Spain
  • 35. 35 / 37 Final tips ● Polish league is unpredictable ● The best approach to the Polish league is 1:0 ● In the English and Polish leagues hosts are the winners in one match out of two ● French league: Martyn mode (1:0, 1:1, 0:1) ● Exceptions are PSG, Monaco, Lyon
  • 36. 36 / 37 Final tips ● Spanish league likes draws ● Italian doesn’t ● Generally, if the lowest price in match odds is greater than 2.65, pick draw ● In doubt pick the most popular result ● Keep patient – you are only a fluctuation
  • 37. 37 / 37 That’s all, folks Thank you