1. #1
    karpo500
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    Join Date: 05-29-16
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    "Reverse engineering" team ratings from odds

    Hey, I´m new to this forum and trying to find solution following thing.

    I´m programming software to my personal use to make good bets on my local bookmaker. I would like to calculate probabilities to some Total scores, Asian handicaps and correct scores on football(soccer) games.

    I want to use market odds(Pinnacle) to calculate team ratings and then calculate probabilities to different draws.

    Can somebody help me how to get started with this problem?

  2. #2
    evo34
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    No idea about soccer, but check out inpredictable.com. He produces power ratings based on sportsbook odds.

  3. #3
    omedo
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    I dont think that's a good idea, at least to make money.
    If you pick their data, youwill arive at their numbers, meaning you shouldnt bet any game at all.

    there's a site with elo rankings, http://clubelo.com

  4. #4
    jemcrowne
    Money is Time
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    Chief your brain is more powerful than you think...Come up with your own home grown formula...I have come up with my own formula that I use for 5-6 team $50-$100 parlays as well as straight bets and I do pretty well.....

  5. #5
    bozeman
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    I think this has a grain of success in it, it is not a golden mine, but this strategy i bet is far more successful than most of the garbage discussed on forums

  6. #6
    Juret
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    If you believe that goal distribution is Poisson, then you can take Pinnacle odds and use solver in Excel to get the implied lamdba.

  7. #7
    Raana
    optional is asshole
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    The fact is pinnacle odds and more accurate goal distribution is not classic poisson. It would be too simple for real world model, don't you think so?

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