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A must read for all sports bettors .....

January 19 2003 at 11:15 PM

  (Login WillH)
Fixed Odds Member

 

This is a very interesting article from this weeks Times. Basically it discusses the relevence of 'Form' in a teams chances to win their next game. Well worth a read.



Formbook is fiction

HERE IS A personality test. In 1963 Don Revie asked a gypsy to come to Elland Road to exorcise Leeds United’s ground. Do you believe: (a) that this successfully lifted an ancient curse and led to more than a decade of glory for the club or (b) gypsy schmypsy. The definitive book on the Revie era is called The Unforgiven; to judge from this story it should be called The Unhinged. The glory years came from talent and gamesmanship.

Now, if you agreed with the former you are a prize chump only fit to be manager of England. If you opted for the latter, then well done, you are very perceptive.

Before you come over all smug, however, you might ask yourself whether there are some superstitious footballing myths that even you accept. Do you believe: (a) that teams have winning streaks that make them more likely to triumph on their next outing or (b) winning streaks make no difference to the probability of victory next time? If you answered (a) you hold a position which almost everyone in the sporting world shares and which pops up again and again in analysis of games. If you answered (b) you would be right. This means that you are either an academic statistician or someone who cheated because you realised that I wouldn’t have bothered asking the question unless the answer was (b).

There is a copious and fascinating academic literature on the subject of winning and losing streaks. The classic study by Gilovich, Vallone and Tversky was published in 1985 and analysed a season of an American basketball team’s shooting.

The authors pointed out that if, for instance, a particular player had a 50 per cent chance of scoring from a shot, and if scoring with one shot made no difference to his chance with the next shot, you still wouldn’t expect that success to be evenly spaced — miss, hit, miss, hit and so on. You would get streaks of hits and misses. The question is whether, in practice, there are more and longer streaks than you would expect to find if each of the shots were truly independent of the next.

Guess what. There weren’t. The streaks of form made no difference.

Analysis of football produces the same conclusion. Alex Morton and Henry Stott’s work for The Times Predictor shows that adjusting for form over the past few games does not help the model. When Peter Ayton, of City University, analysed the records of the top 12 Premiership goalscorers in 1994-95 and 1995-96 he found that if a player had scored in his past few games it gave him no more or less chance of scoring in his next one.

Being given the manager-of-the-month award is famously regarded by fans as a disaster, because all too often the team promptly begins to lose. The data provides a possible explanation. The award is given after a cluster of games in which a side does better than expected. This may have occurred without any change in the team’s ability to win. It isn’t all that surprising if it is followed by a return to poorer results.

Looking at 70,000 games has even led one group of economists to argue that both good spells and bad ones are shorter than should be expected. They suggest that the reason for this is that teams with a few wins under their belts become complacent, while losing teams try harder.

Some other research provides an alternative way of looking at it. Academics following ten-pin bowling and championship horse-shoe pitching have detected the real runs of form missing in basketball and football. Perhaps football players and teams on a roll have their form disrupted by more determined opponents. This is, of course, impossible in ten-pin bowling, accounting for the different research finding.

During a batting slump, David Gower wore a T-shirt with the words “form is temporary, class is permanent” emblazoned on it. He was overstating the case for form. Class is everything. Unless, that is, you pitch horseshoes for a living.


 
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Sharan
(Login Sharan)
Fixed Odds Member

“form is temporary, class is permanent"

January 19 2003, 11:32 PM 


I knew it from my horses gambling days, now I am sure it does mean the same thing for sports betting after reading this great article !

The greatest pleasure in life is to win !!!
SHARAN

 
 

(Login Dogzballz)
Fixed Odds Member

Re: A must read for all sports bettors .....

January 20 2003, 2:12 PM 

The gambler's fallacy, which is what this article relates to, is not at all the same thing as saying that form does not matter. A team that wins 70% of games is showing better form than one that wins only 30% of games. Whether this information can be turned to the punter's advantage is another matter, and concerns finding value in the odds. However, the fallacy here would be assuming that a team is either more or less likely to win/lose a game than the form would indicate, unless one has other meaningful information at his disposal which indicates that such eventualities are more probable.

So the real smug bastard is the author of the article


 
 
Sharan
(Login Sharan)
Fixed Odds Member

Form&class

January 20 2003, 2:28 PM 

Well, one can look at it from a difernt point. So what happens when 2 teams meet with a very similar form, surre ane would give the team with 'class'(long wininng record home & and in a Europe)more chance.
How about Real playing in Tokyo some other team not well known to us to be compared well!
I know discusion can turn against me , as may be I put wrong examples, but does not matter that is IMO. Hope someone else takes part.....

The greatest pleasure in life is to win !!!
SHARAN

 
 


(Login macot)
Fixed Odds Member

Re: A must read for all sports bettors .....

January 20 2003, 10:09 PM 

It is easy- if they would make some research onteams playing each others and home team winning 9 out of ten home games so far and away team losing 9 out of ten (never mind their position on the table or team quality), statistics would certainly show that at least 75% games with this pre-game statistics ended in home win.
Of course , there are again differences between English and for instance Italian soccer- researches were done on English, which is more unpredictable, so finding trends there is harder. Thats why I admire tipsters like JHim, ZLand and others, who bet a lot on British football and have black numbers to show.

 
 

(Login sheva_2004)
Fixed Odds Member

Re: A must read for all sports bettors .....

January 20 2003, 10:40 PM 

I guess the CLASS means the ability to maintain the FORM.

Cheers !

 
 

Macoti
(Login macot)
Fixed Odds Member

Re: A must read for all sports bettors .....

January 20 2003, 10:43 PM 

Yes, but it also means tradition, respect from the oponent, refs on your side, buying players when ever it is neccesary.
Thats why Real Madrid is going to win the league, and Sociedad wont even if they have "class" in players and first class coach.

 
 

(Login sheva_2004)
Fixed Odds Member

Macoti

January 20 2003, 10:48 PM 

Of course, but if you were to resume what class means, I guess a short frase like this one fits quite well, especially for betting purposes.

P.D. Do not underestimate Sociedad, IMHO they can well be a new Depor.

 
 


(Login macot)
Fixed Odds Member

Re: A must read for all sports bettors .....

January 20 2003, 10:51 PM 

Agree. And I hope Real Soc. can stay in championship race as long as possible!

 
 


(Login MontyM)
Fixed Odds Member

Re: A must read for all sports bettors .....

January 20 2003, 11:05 PM 

Shortly:
you need to know your best about ability of team in specified time, releted with their oponent and releted with other circumstances.
GL

 
 
Anonymous
(Login bristolian)
Fixed Odds Member

Re: A must read for all sports bettors .....

January 20 2003, 11:43 PM 

This is all very interesting as it fits in with a favourite bet of mine. As stated before on this forum i bet home sides who won their last game when the away team lost their last game. I have now filtered this to disregard all cup matches but not the form going into a league game. I have also used the racing post to eliminate any bets that met the above criteria where the selected site has not won atleast once against the opposition in the last six meetings betwen them. Finally i only bet where the odds are 4/7 or better. I then guage the strength of the bet as 1, 2 or 4 units depending on price and league position / overall league form of the home team and the away team. I have found this a very succesful bet this season.

 
 

Jhim
(Login Jhim)
Forum Owner

test

October 1 2003, 4:16 PM 

test

 
 
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