Soccer Mystic predicted odds pre-game

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craignmoss
Posts: 43
Joined: Mon Apr 26, 2021 9:52 pm

Hi all,

I just wanted to make sure my understanding of Soccer Mystic is correct. If you are looking at a game and then review 'match odds' there is a section that provides predicted odds. If the forecast time is on 0 minutes, am I right in assuming the predicted odds are the expected odds at the start of the event? If so, does anyone have an insight into how this is calculated? I saw one the other day that was at 12 but it was predicting 9.5 (liquidity was poor) and it made me curious about how the algorithms might work.

Thanks,

Craig
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ShaunWhite
Posts: 10605
Joined: Sat Sep 03, 2016 3:42 am

craignmoss wrote:
Wed Jul 14, 2021 2:06 pm
it made me curious about how the algorithms might work.
Good question. You'd be nuts to follow any indicator without knowing how it's been derived yet people seem to use SM without any knowledge of it. Or do they? Is there any evdence that anyone actually uses SM profitably, and if it is a good indicator then why aren't the values passed to Guardian?
Trader Pat
Posts: 4327
Joined: Tue Oct 25, 2016 12:50 pm

craignmoss wrote:
Wed Jul 14, 2021 2:06 pm
Hi all,

I just wanted to make sure my understanding of Soccer Mystic is correct. If you are looking at a game and then review 'match odds' there is a section that provides predicted odds. If the forecast time is on 0 minutes, am I right in assuming the predicted odds are the expected odds at the start of the event? If so, does anyone have an insight into how this is calculated? I saw one the other day that was at 12 but it was predicting 9.5 (liquidity was poor) and it made me curious about how the algorithms might work.

Thanks,

Craig

Quite an old video but explains how Soccer Mystic works

https://youtu.be/_pqkJJ9m5mU
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craignmoss
Posts: 43
Joined: Mon Apr 26, 2021 9:52 pm

Quite an old video but explains how Soccer Mystic works

https://youtu.be/_pqkJJ9m5mU
[/quote]

Thanks Pat, I've seen this but it doesn't explain how predicted odds are calculated.
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craignmoss
Posts: 43
Joined: Mon Apr 26, 2021 9:52 pm

ShaunWhite wrote:
Wed Jul 14, 2021 3:13 pm
craignmoss wrote:
Wed Jul 14, 2021 2:06 pm
it made me curious about how the algorithms might work.
Good question. You'd be nuts to follow any indicator without knowing how it's been derived yet people seem to use SM without any knowledge of it. Or do they? Is there any evdence that anyone actually uses SM profitably, and if it is a good indicator then why aren't the values passed to Guardian?
Totally Shaun. I'm still learning the platform and can see how SM could be useful but I need to know more first.
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Dallas
Posts: 23670
Joined: Sun Aug 09, 2015 10:57 pm

craignmoss wrote:
Wed Jul 14, 2021 2:06 pm
Hi all,

I just wanted to make sure my understanding of Soccer Mystic is correct. If you are looking at a game and then review 'match odds' there is a section that provides predicted odds. If the forecast time is on 0 minutes, am I right in assuming the predicted odds are the expected odds at the start of the event? If so, does anyone have an insight into how this is calculated? I saw one the other day that was at 12 but it was predicting 9.5 (liquidity was poor) and it made me curious about how the algorithms might work.

Thanks,

Craig
Its modelled from historic prices of tens of thousands of markets, but for obvious reasons the exact algorithm won't ever be publicly published.
It relies on data from certain markets which need to be well formed for it to make accurate predictions, so there may be a deviation in some matches but over the long term is accurate to within a few percent.

However BF dropped one of the markets it required about a year or so ago so some slight adjustments were (quickly) made to the model so it can continue produce as accurate predictions as possible and be used.

It is in the process of having a major update having not had one done in several years and well before the automation tool was at its current level, so once the underlying model is updated, enhanced and it can give real time predictions in-play etc there will almost certainly be conditions and stored values etc added that can test the values it displays.
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craignmoss
Posts: 43
Joined: Mon Apr 26, 2021 9:52 pm

Thanks Dalllas, that makes sense and I understand why you can't give the exact details. Looking forward to seeing the update when it's released!
Archery1969
Posts: 4478
Joined: Thu Oct 24, 2019 8:25 am

Dallas wrote:
Wed Jul 14, 2021 3:53 pm
craignmoss wrote:
Wed Jul 14, 2021 2:06 pm
Hi all,

I just wanted to make sure my understanding of Soccer Mystic is correct. If you are looking at a game and then review 'match odds' there is a section that provides predicted odds. If the forecast time is on 0 minutes, am I right in assuming the predicted odds are the expected odds at the start of the event? If so, does anyone have an insight into how this is calculated? I saw one the other day that was at 12 but it was predicting 9.5 (liquidity was poor) and it made me curious about how the algorithms might work.

Thanks,

Craig
Its modelled from historic prices of tens of thousands of markets, but for obvious reasons the exact algorithm won't ever be publicly published.
It relies on data from certain markets which need to be well formed for it to make accurate predictions, so there may be a deviation in some matches but over the long term is accurate to within a few percent.

However BF dropped one of the markets it required about a year or so ago so some slight adjustments were (quickly) made to the model so it can continue produce as accurate predictions as possible and be used.

It is in the process of having a major update having not had one done in several years and well before the automation tool was at its current level, so once the underlying model is updated, enhanced and it can give real time predictions in-play etc there will almost certainly be conditions and stored values etc added that can test the values it displays.
Nice on Dallas. :)
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firlandsfarm
Posts: 3469
Joined: Sat May 03, 2014 8:20 am

ShaunWhite wrote:
Wed Jul 14, 2021 3:13 pm
if it is a good indicator then why aren't the values passed to Guardian?
I don't use Sm but along with the reason why people keep their betting/trading activity details close to their chest the easier it is to use the more it will be used resulting in a degrading of the edge it seeks to provide! By all means review the algorithms but linking it to Guardian would be a retrograde step,
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wearthefoxhat
Posts: 3607
Joined: Sun Feb 18, 2018 9:55 am

firlandsfarm wrote:
Thu Jul 15, 2021 6:45 am
ShaunWhite wrote:
Wed Jul 14, 2021 3:13 pm
if it is a good indicator then why aren't the values passed to Guardian?
I don't use Sm but along with the reason why people keep their betting/trading activity details close to their chest the easier it is to use the more it will be used resulting in a degrading of the edge it seeks to provide! By all means review the algorithms but linking it to Guardian would be a retrograde step,
Soccer Mystic was one of the USP's for me when looking at Bet-Angel years ago. (The others were the dutching and the IP Trader tools) Since then it has a boat-load of extra stuff that makes is a go-to piece of software.

The concept of helping to predict a trades' position when something in the game occurs is a powerful piece on information to help plan a strategy. I always thought...what if it could be automated in some way with bet placements/trades. Apparently it did?

SM.png

Did I miss a trick there?
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ShaunWhite
Posts: 10605
Joined: Sat Sep 03, 2016 3:42 am

firlandsfarm wrote:
Thu Jul 15, 2021 6:45 am
ShaunWhite wrote:
Wed Jul 14, 2021 3:13 pm
if it is a good indicator then why aren't the values passed to Guardian?
I don't use Sm but along with the reason why people keep their betting/trading activity details close to their chest the easier it is to use the more it will be used resulting in a degrading of the edge it seeks to provide! By all means review the algorithms but linking it to Guardian would be a retrograde step,
You can give 10 people the same info and only one will make it pay. And tbh there's not going to be anyone using SM who's likely to make even a tiny dent in the footy markets. If you're shifting a lot of money then you aren't doing with a model you don't understand.
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