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Home > Books > Profitable Football Betting

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Profitable Football Betting

Author: Paul Steele
Publisher: High Stakes
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heads, 40%, is less than the expected percentage 50%. The example below shows how this value would work out.

Ten tosses of the coin result in the expected five tails and five heads.

You have bet £10.00 on each toss resulting in a head at 6/4.

Your total stake would be £100.00 (10 x £10.00).

Your total return would be £125.00 (5 x £25.00).

Your profit then is £25 because the odds were in your favour.

The odds-on offer for each team to win, lose or draw range from as low as 1/8 up to 25/1 but most are in a middle range. These odds are the compilers' opinion as to the chance of each event occurring. The table opposite shows the bookmakers' odds, returns for a £1 stake, probabilities available and the European and American odds equivalents. The odds equivalents are useful when looking at sites from overseas as they quite often do not show the odds as we are used to them.

Odds Chart

 

Odds

Odds/1

Return to £1 stake

Probability

Percentage

European Odds

American

1/5

0.200

1.200

 

83.33%

1.200

-500

2/9

0.222

1.222

0.8182

81.82%

1.222

-450

1/4

0.250

1.250

0.8000

80.00%

1.250

-400

2/7

0.286

1.286

0.7778

77.78%

1.286

-350

3/10

0.300

1.300

0.7692

76.92%

1.300

-333.30

1/3

0.333

1.333

0.7500

75.00%

1.333

-300

4/11

0.364

1.364

0.7333

73.33%

1.364

-275

2/5

0.400

1.400

0.7143

71.43%

1.400

-250

4/9

0.444

1.444

0.6923

69.23%

1.444

-225

1/2

0.500

1.500

0.6667

66.67%

1.500

-200

8/15

0.533

1.533

0.6522

65.22%

1.533

-187.50

4/7

0.571

1.571

0.6364

63.64%

1.571

-175

8/13

0.615

1.615

0.6190

61.90%

1.615

-162.50

4/6

0.667

1.667

0.6000

60.00%

1.667

-160

8/11

0.727I

1.727

0.5789

57.89%

1.727

-137.50

4/5

0.800

1.800

0.5555

55.55%

1.800

-125

5/6 |

0.833

1.833

0.5455

54.55%

1.833

-120

10/11

0.909

1.909

0.5238

52.38%

1.909

-110

Evs

1.000

2.000

0.5000

50.00%

2.000

-100

11/10

1.100

2.100

0.4762

47.62%

2.100

110

6/5

1.200

2.200

0.4545

45.45%

2.200

120

5/4

1.250

2.250

0.4444

44.44%

2.250

125

11/8

1.375

2.375

0.4211

42.11%

2.375

130

6/4

1.500

2.500

0.4000

40.00%

2.500

150

8/5

1.600

2.600

0.3846

38.46%

2.600

160

13/8

1.625

2.625

0.3810

38.10%

2.625

162.50

7/4

1.750

2.750

0.3636

36.36%

2.750

175

9/5

1.800

2.800

0.3571

35.71%

2.800

180

15/8

1.875

2.875

0.3478

34.78%

2.875

187.50

2/1

2.000

3.000

0.3333

33.33%

3.000

200

11/5

2.200

3.200

0.3125

31.25%

3.200

220

9/4

2.250

3.250

0.3077

30.77%

3.250

225

12/5

2.400

3.400

0.2941

29.41%

3.400

240

5/2

2.500

3.500

0.2857

28.57%

3.500

250

13/5

2.600

3.600

0.2778

27.78%

3.600

260

20