andy28 wrote: ↑Wed Jan 22, 2025 12:20 am
wearthefoxhat wrote: ↑Tue Jan 21, 2025 8:42 pm
andy28 wrote: ↑Tue Jan 21, 2025 7:44 pm
I have been averaging the home for and away concede and then average away for and home concede. Then add the two together. Then I would use Poisson Dist to get match odds but they weren't terribly accurate. The total goals was bang on in fact I am within 4 goals of the total for the EPL but when I looked at home & away separate their is a discrepancy, which in turn has thrown the match odds out.
At 7.12 in the video, Kie Millet goes through how to use the goal averages info (home & away) to set up the poisson predictive element.Play it at 0.75 speed cos he flies through it and pause it at each stage as you create the excel sheet.
https://www.youtube.com/watch?v=24e_Z4WHR48&t=545s
Thanks, I have watched that video and my spreadsheet is very similar to his now, I did watch that part several times but as I wasn't using his exact cells it confused the hell out of me so I just carried on with my own sheet and formula. Then I saw another video explain this better so asked Chat Gpt and it gave me the formula.
I am slowly getting there with my project for football and I must say I have learned a lot from your thread so keep up the good work
That part needs careful editing, and the issue, if using it exactly the way Kie M describes, although not insurmountable, will be setting up each league when teams get promoted/relegated. Those four cells would need to be edited carefully.
I circumvented that process, with GPT's help, to calculate the home/away averages using seperate tables to the side, and use VLOOKUP, and then get the matrix with the Poisson calculation to look at resulting xG to populate all the other stuff including the odds.
All I need to do now is copy and paste (or input) the data I want it to review, ie: Last 4, 6, 8 or the whole seasons home/away, and then combine with Club Elo (if league is covered) or Pinnacle, to normalise the odds.
I'm finding the value approach works well, when comparing the normalised odds, with the Betfair market. Of course, the sheet gives plenty of other value opportunities, ie: BTTS, Correct Scores...etc but I tend to like the match odds. This approach takes a contrarian perspective as you have to sometimes back a team against the grain, but it's "value".
Last night it indicated Preston/QPR Draw/Away odds as value, with a total profit across all the games so far. I tested it out in league 1 and it indicated Away/Draw for Burton v Wigan at odds of 6.20 so that encouraging going forward.
WIth the "value" approach, you'd likely have to take all the value spots and not cherry pick the games.
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I'm also looking at a way to take into account the strengths of the team to be played. This would again adjust the model further and give some more realism. Will be leaning on "Me Ol' Mucker" - GPT.
Swells.png
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