the price of current score at half time

Football, Soccer - whatever you call it. It is the beautiful game.
Post Reply
herbie
Posts: 342
Joined: Mon May 11, 2009 8:56 pm

I was wondering if one of you kind people with more understanding of the world of odds could help.

Is it possible to work out what the inplay cs current score odds would be at Ht before kick off just using the CS 0-0 odds and the 0-0 ht odds?

The man city v Swansea game is currently
CS 0-0 15.0 = 6.66% chance game will end 0-0
therefore 93.33% chance goals will be scored within the game

0-0ht 3.65 = 28.57% chance HT will be 0-0
therefore 71.42% chance goals will be scored before HT.
From this information only can I work out what the Cs 0-0 odds would be at HT if no goals where scored in the first half.
..and if so how would I do it?
thanks
Herbie
mcfc1981
Posts: 355
Joined: Tue Oct 27, 2009 11:54 pm

if u backed 0-0 at 3.65 for £10 return £26.50
lay 0-0 at 15 for £10 leaves u -£140

now if its 0-0 at ht u would expect to hedge out ur £140 loss for ur £26.50 profit so odds would be about 4.3
RafterP
Posts: 133
Joined: Tue Apr 21, 2009 10:41 am

You should be able to work it out using the soccer mystic function on Betangel

Good luck
herbie
Posts: 342
Joined: Mon May 11, 2009 8:56 pm

thank you mcfc1981 exactly what I'm looking for.. I thought it was in there....Rafter I've used soccer mystic alot thanks, but I need some kind of equation that I can use in excel that works with the available odds without getting bogged down in Poisson theory.. once again thank you both for you replies
mcfc1981
Posts: 355
Joined: Tue Oct 27, 2009 11:54 pm

4.4 currently, not bad ;)
herbie
Posts: 342
Joined: Mon May 11, 2009 8:56 pm

mcfc1981.. you were near spot on there... obviously the market is expecting a goal from man city second half possibly so hence the slight bounce.
I was wondering if you could help my tired brain further please.
if u backed 0-0 at 3.65 for £10 return £26.50
lay 0-0 at 15 for £10 leaves u -£140

I've got that bit... no problem...

Now it's this bit that I cant get my head round...
now if its 0-0 at ht u would expect to hedge out ur £140 loss for ur £26.50 profit so odds would be about 4.3
I understand the concept of hedging out at half time... but how do I get the 4.3.. can you please show me a simple calculation to show this if it's not to much bother.

cheers
herbie
mcfc1981
Posts: 355
Joined: Tue Oct 27, 2009 11:54 pm

i dont know how u work that out i just backed the 0-0 and went down the bet angel ladder to see where the hedge out -£26.50 was
herbie
Posts: 342
Joined: Mon May 11, 2009 8:56 pm

thanks for the help mcfc1981... if anyone else does know how I would work this out to use in excel and wouldnt mind parting with the info, you would help a man sleep again..

regards
herbie
nomadic
Posts: 72
Joined: Tue Nov 24, 2009 12:17 am

By my calc, the breakeven hedge-out price (excluding commission which is actually an important factor since you are trading in separate markets) would be 4.11 in the example used above.

And in order to come up with the breakeven odds of 4.11, it's as simple as just dividing the FT 0-0 odds by the HT 0-0 odds. In this example, 15.00 divided by 3.65 = 4.11.


Further logical details if you're interested:
If you are assuming you have a profit of £26.50 from backing 0-0 HT, and want to trade out of your £10 Lay on 0-0 full-time, then you are trying to solve for a combination of odds/stake that will result in a £26.50 loss in the FT Correct Score market across all results. And that amount would be £36.50 backing 0-0 at odds of 4.11.

In the event the game ends 0-0, then you have a £140 loss (in the full time correct score market) partially offset by a winning bet of £113.50 (£36.5 @ odds of 4.11). In the event a goal is scored in the 2nd half, your initial lay bet of £10 becomes a winner, but is offset by the bet of £36.50 which becomes a loser.
herbie
Posts: 342
Joined: Mon May 11, 2009 8:56 pm

thanks for your input Nomadic..... I now can continue on with my idea and sleep better

regards
herbie
convoysur
Posts: 187
Joined: Mon Jun 13, 2011 12:26 am

Help please..
could some one with some football trading experience please try and explain the following,
im looking at foot ball markets and i see GERMANY U21 V SAN MARINO UNDER 21.
in the over 2,5 goals the market is AT 1.4 and not moving any where,with 19.6 thousand matched there,this is very weird for me and i cant get my head around it,is it some drunk trader who has put 20.000 there to lay and back it when it goes out ? it looks very mad and unusuall.
Thanks
Marc
User avatar
Euler
Posts: 26430
Joined: Wed Nov 10, 2010 1:39 pm

That is highly unusual. Maybe somebody having help of a punt or trying to get out of jail?
convoysur
Posts: 187
Joined: Mon Jun 13, 2011 12:26 am

Hi Again
have you seen the match odds,,11 minuites into the game and there is 567.000 HELD AT 1.01..ON GERMANY..OVER 2.5 GOALS NOW AT 45.000 AT 1.04...this has to be no 1 on the crazy market list..
Marc
User avatar
Euler
Posts: 26430
Joined: Wed Nov 10, 2010 1:39 pm

1.04 is probably correct though as your would think this match is highly likely to produce three goals or more. 1.40 would have been a different situation.
Post Reply

Return to “Football trading”