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Bookmakers Soccer Predictions: 2008 vs 2009
Bookmakers use their own soccer prediction models. Their odds are usually calculated in a way that minimizes the payoffs for match favorites. The accuracy of these predictions can be analyzed by comparing between the betting odds and the real outcome of soccer matches.
This article compares between the accuracy of the soccer predictions made by bookmakers during 2008/09 and the first half of 2009/10. The comparison is based on the average betting odds from the top European soccer leagues.
DATA AND METHODSTo compare the accuracy of the bookmakers’ predictions, the authors of this article analyzed the match outcomes and average betting odds of the following 10 major European soccer leagues: Austrian Bundesliga, English Premier League, Dutch Eredivisie, French Ligue 1, German Bundesliga 1, Greek Ethniki, Italian Serie A, Scottish Premier League, Spanish Primera Division and Turkish Super Lig.
The outcome of a match was estimated on the basis of the average payoff offered by the bookmakers for that match. The possible profit of a bettor who bets on bookies’ favorites was calculated according to the average betting odds.
SUMMARYThe conclusion was that the bookmakers successfully predicted the outcome of more than 54% of matches during the seasons 2008/09 and 2009/10. Thus, the average accuracy of bookmakers& 8217; soccer predictions is relatively high in the case of major European leagues. Nonetheless, the low profits make these predictions highly unprofitable as betting tips.
1×2 betting: — Losses of -4% and -2% respectively were estimated for bettors, who used fixed odds as betting tips.
— The only profitable league during those two seasons was Austrian Bundesliga (+14% and +6% of profit) with more than 60% of correct match predictions.
— The most unprofitable leagues were Scottish Premier (-22% and -6%) and German Bundesliga (-11% and -6%).
— The most drastic improvement in 1×2 betting profits was observed for the Dutch Eredivisie league where the profit changed from -11% to +8%.
— The most drastic degradation in 1×2 betting profits was observed for the Turkish Super Lig league where the profit changed from +4% to -18%.
Total under/over bets are the most unprofitable: — Total under/over 2.5 losses were nearly the same during both seasons and equal to 10%.
The conclusion is that using bookmakers& 8217; soccer predictions as betting tips does not pay off in daily betting. Though the accuracy of their predictions is high, their odds do not result in betting profits.
Hollywood Boulevard Review
Hollywood Boulevard is a slots game present on a number of online casinos. The game itself gives players a chance to delve into the lives of the Hollywood rich and famous. This is your chance to stand on the red carpet, be in the spotlight and wait for the paparazzi to take your million dollar photo.
Hollywood Boulevard is a 5-reel, 20-line slot machine game with several bonus features, such as a Progress Jackpot, Free Rounds, Wild and Scatter Symbols.
All symbols used in Hollywood Boulevard come straight from the red carpet itself. During your fame, you will encounter Hollywood stars, beautiful actors, stretched limousines and clapperboards during this fun slots game. High value cards are written on California license plates. The reels are encased in film and the sound of the movie reels unfolding in a classic light bulb project accompanies every spin.
The symbols pay Left to Right. To obtain a winning combination you are required to match at least 2 symbols. The value depends on what symbols you have on the valid paylines. The minimum stake per line is 5p, with a maximum of £2.
This maximum stake of £2 allows the player to win the full Progressive Jackpot value of £650,000 by matching 5 Star symbols on any selected payline. Now those earnings will really put you amongst some celebrities!
A lower bet will pay a percentage. For example, for a 30p bet per line the Jackpot reaches £98,000. The Star symbol is also the Wild symbol which can substitute for all other symbols except for the Paparazzi.
To activate the Free Round at least 3 Paparazzi symbols must be scattered amongst the reels. The number of Free Spins won depends on how many triggering symbols have occurred in one game. Players receive 10 free spins for 3 symbols, 15 free spins for 4 symbols and 20 free spins for 5 symbols. The feature can not be retriggered and any Paparazzi symbols that occur during the Free Round will pay only their pay table value.
Take a stroll down the Walk of Fame in search of that great Jackpot that is out there. Obtaining this might get you one step closer to earning you a star on the famous Hollywood Boulevard!