Summary:
Improve Your Soccer Betting is a series of articles that describe some well known and well used statistical techniques that will help the soccer punter make more informed bets. Each of the techniques has its own advantages and disadvantages and using them in isolation will improve your chances of winning. However, together they will prove invaluable in your battle with the bookies. In each article we will describe in detail how a particular method works giving you enough info...
Improve Your Soccer Betting is a series of articles that describe some well known and well used statistical techniques that will help the soccer punter make more informed bets. Each of the techniques has its own advantages and disadvantages and using them in isolation will improve your chances of winning. However, together they will prove invaluable in your battle with the bookies. In each article we will describe in detail how a particular method works giving you enough information for you to go ahead and create your own forecasts. We will also give you information as to where you can already find websites that use this technique in comprising their weekly soccer betting forecasts.
The statistical methods described in this set of articles will help you to arrive at a better decision about the match, or matches, that you are betting on.
In this article we will be describing the well known Rateform method. The Rateform method has its origins in The Rating Of Chessplayers by Professor Elo, and from the Punters Revenge by Tony Drapkin and Richard Forsyth. The basis of the Rateform method is that each of the two teams taking part in a match is given a point score that is based on their current form. Although this sounds very simplistic, and it is, its calculation is a little more involved.
Here are the basic rules