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Football (+Other Sports) Betting Season 12 - Business (3873) - Nairaland

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Re: Football (+Other Sports) Betting Season 12 by nobsalis: 6:29pm On Jul 04, 2018
TissuePaper:
or you could also use Binomial probability to fish out the odds which the bookmakers are not totally honest with. I actually believe that the odds have a huge roll to play.. Although it doesn't really apply with the Poisson distribution which borders on continuous occurrence and perceived outcome


Bleep off

1 Like

Re: Football (+Other Sports) Betting Season 12 by Nobody: 6:29pm On Jul 04, 2018
qualityGod:
1412K


17sweet odds

Gl kiss
about to boom if you play this begin dance grin
Re: Football (+Other Sports) Betting Season 12 by Nobody: 6:29pm On Jul 04, 2018
Bigmex:


All i have been saying will illustrate with this game to be played today

FK Radnik Surdulica - OFK Backa Palanka

for this game is 1.48

NG for this game is 2.35 (NB both odds and game are of bet9ja. odds arent the same on other bet exchanges and therefore over round differs)

ok so we want to calculate what percentage bet9ja will make on all stakes on this game regardless the outcome. i.e whether it is or NG
this profit is their in-house edge or advantage which is commonly referred to as OVER ROUND or VIG. ok lets go:

(100/1.48) + (100/2.35)...whatever you get subsstract 100 from it. Now after doing that your overround should be 10.1207 or thereabout.

What this means is that one, the original odd for was reduced by 10.12% to arrive at 1.48 and the original odd for NG was reduced by 10.12% to arrive at 2.35. Second it means whatever option people will stake their money on, bet9ja will make 10.12% off the stakes as their commission. Now the original odd for and NG before it was reduced (i.e the odds reflecting the expected outcome of the match) was 1.64 and 2.61 respectively. this means that without adding their own commisssion, the chances this game will end is about 61% and to end NG is about 38%.

so I will choose to bet on the game ending because the margin by which the original odds were slashed is 10% (very higher than normal margins used)

Abeg wetin d game come play?
The enter?
Re: Football (+Other Sports) Betting Season 12 by Nobody: 6:31pm On Jul 04, 2018
Chiefheywhy:
If you want to accuse someone, open another thread for that thrash and stop derailing this thread. What rubbish is all this.

Everybody feels he/she can just come out to start ranting here, some gullible people will believe anything they read here. What sort of nonsense is this.

This thread is related to sport, if anybody scam you, bring your proof, efcc thread has been created, go and report the person there. Enough of all these bullshit.


CC : Puskin, mynd44, Dominique.
what about begging? Is this a begging thread? cool

12 Likes

Re: Football (+Other Sports) Betting Season 12 by overdrive(m): 6:33pm On Jul 04, 2018
BadLuckonmyGame:
what about begging? Is this a begging thread? cool

11 Likes

Re: Football (+Other Sports) Betting Season 12 by Hunry: 6:33pm On Jul 04, 2018
binomial, Poisson, martingale, Lawrencegale, anti maria, di maria.
. the end result is still the same. . the world famous, VILLAGE

6 Likes

Re: Football (+Other Sports) Betting Season 12 by nobsalis: 6:35pm On Jul 04, 2018
oadmn:


U could have typed this shit with Froosevelt rubbish u made the initial comment with, everyone knows it's your alternate already...... Lad!

Free d Niqqa make e dey deceive himself"

2 Likes

Re: Football (+Other Sports) Betting Season 12 by Nobody: 6:35pm On Jul 04, 2018
Owomkpo:

Abeg wetin d game come play? The enter?
LOST.. BIGMEX STRATEGY IS USELESS!
Re: Football (+Other Sports) Betting Season 12 by Addme: 6:35pm On Jul 04, 2018
Owomkpo:

Abeg wetin d game come play? The enter?
For where....... 0-1 FT
Re: Football (+Other Sports) Betting Season 12 by nobsalis: 6:36pm On Jul 04, 2018
oadmn:
Still can't understand why a normal human being will type and reply himself in shadows

Well I just said Normal lipsrsealed

E tire me Ooo
Re: Football (+Other Sports) Betting Season 12 by bakayokoko: 6:36pm On Jul 04, 2018
chewbacca:


remaining Kiki Berten’s to green wink

HW MANY ODDS BE THAT GAME? MISSED THE GAME..JUST CAME ONLINE sad
Re: Football (+Other Sports) Betting Season 12 by Dexter001(m): 6:36pm On Jul 04, 2018
Hunry:
binomial, Poisson, martingale, Lawrencegale, anti maria, di maria.

. the end result is still the same.
.
the world famous, VILLAGE

2 Likes

Re: Football (+Other Sports) Betting Season 12 by Nobody: 6:36pm On Jul 04, 2018
BUGOFF:
There's This Technique I Hear Is Quite Prolific.
Have U Guys Heard Of Black-maria & Okonkwo Kinesis?
cheesy cheesy

2 Likes

Re: Football (+Other Sports) Betting Season 12 by Nobody: 6:39pm On Jul 04, 2018
FRoosevelt:
The bookies don't mess with their profit margin.
The sensible thing to do is ignore their odds and generate yours using strategies such as Poisson distribution.
With this you can expect to break even.
there are some limitations in the poisson distribution... Employing bionomial expansion should yield more positive results or better still Laplace transform

2 Likes

Re: Football (+Other Sports) Betting Season 12 by yehmy(m): 6:39pm On Jul 04, 2018
161172119 - booking code

nairabet inplay
Re: Football (+Other Sports) Betting Season 12 by Hunry: 6:39pm On Jul 04, 2018
Owomkpo:


Abeg wetin d game come play?
The enter?

Yes, it entered the pit of casting only to be transferred to alabi's pocket to be seen no more
Re: Football (+Other Sports) Betting Season 12 by chewbacca: 6:41pm On Jul 04, 2018
bakayokoko:


HW MANY ODDS BE THAT GAME? MISSED THE GAME..JUST CAME ONLINE sad

Just 4 odds bro.
undecided

2 Likes

Re: Football (+Other Sports) Betting Season 12 by Nobody: 6:41pm On Jul 04, 2018
industrialchemi:


Applied mathematics grin cheesy


Statistics and probability
Re: Football (+Other Sports) Betting Season 12 by chewbacca: 6:42pm On Jul 04, 2018
chewbacca:
Z7G23B8X

GREEN grin

Congratulations to those who played.

24 Likes 2 Shares

Re: Football (+Other Sports) Betting Season 12 by yehmy(m): 6:43pm On Jul 04, 2018
AXYZ:
Chewbacca, kindly help to panelbeat this for tennis bettors. Tomorrow games

Z7FYPMNR

Thanks

Cc yehmy
not really following tennis up for now, but will look into it at my spare time
Re: Football (+Other Sports) Betting Season 12 by bakayokoko: 6:43pm On Jul 04, 2018
chewbacca:


Just 4 odds bro.
undecided

OK. NICE ONE

1 Like

Re: Football (+Other Sports) Betting Season 12 by Gangster1ms: 6:44pm On Jul 04, 2018
Una still dey bet? grin
Re: Football (+Other Sports) Betting Season 12 by chewbacca: 6:45pm On Jul 04, 2018
AXYZ:
Chewbacca, kindly help to panelbeat this for tennis bettors. Tomorrow games

Z7FYPMNR

Thanks

Cc yeh.my

okay, I’ll take a look now
Re: Football (+Other Sports) Betting Season 12 by Timbuktu14(m): 6:45pm On Jul 04, 2018
yehmy:
No app?
One at a time sir smiley
Re: Football (+Other Sports) Betting Season 12 by yehmy(m): 6:46pm On Jul 04, 2018
chidiezeh:
Na so maribor take play 0-0
2k gone embarassed embarassed
Did you play dt 4odd i dropped earlier?
Re: Football (+Other Sports) Betting Season 12 by Timbuktu14(m): 6:46pm On Jul 04, 2018
Hunry:


affiliate program nko
Do you own a blog/website?

1 Like

Re: Football (+Other Sports) Betting Season 12 by industrialchemi: 6:47pm On Jul 04, 2018
grin grin grin
Re: Football (+Other Sports) Betting Season 12 by Nobody: 6:47pm On Jul 04, 2018
Html/Css wan scatter man pikin head. You go make mistake, you no go even see where the mistake was made.

transparent menu
Re: Football (+Other Sports) Betting Season 12 by chidiezeh(m): 6:47pm On Jul 04, 2018
yehmy:
Did you play dt 4odd i dropped earlier?

I didn't bro
Re: Football (+Other Sports) Betting Season 12 by yehmy(m): 6:47pm On Jul 04, 2018
Timbuktu14:
One at a time sir smiley
when will you give me that 1k bonus, or u waiting for monsuru
Re: Football (+Other Sports) Betting Season 12 by yehmy(m): 6:48pm On Jul 04, 2018
chidiezeh:

I didn't bro
Oopsss
Re: Football (+Other Sports) Betting Season 12 by Nobody: 6:49pm On Jul 04, 2018
chewbacca:

GREEN grin
Congratulations to those who played.
U be ps2 cheat oo

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