Saturday, September 6, 2008

Why England could be like Wales

When England step out to play Andorra we could be in for a repeat of the Wales match earlier in the day, why? Both teams are expected to beat much weaker opposition, but both teams often struggle to break down their opposition and live up to the ranking gap between them. How does that affect the market? For that I can illustrate using Soccer Mystic.


This is the chart for the match odds, click on it to enlarge it. You can see that the odds on England start very high, near 100% probability. But if they fail to score their price will drift dramatically. That drift really accelerates in the second half. The price on the draw comes in quickly but the price on Andorra won't really move much. Look at the Wales charts from today.

If you are nervous with the match odds market you could switch to the over and unders market. Following this text is the Soccer Mystic prediction for the over/unders. You can see that by using the cross hairs I can work out the starting price of overs at around 1.25. I can click again where the two lines cross and see that 50/50 is reached at around 34/35 minutes, that's a 75 tick move! You would expect England to crush Andorra but any failure to score early will see a significant change in price. Laying unders looks appealing and if England look promising you can always close out for a loss on unders as less than three goals in the match would be a massive embarrassment for England.

The really useful thing about Soccer Mystic is that it can model any match. Each match is unique, don't let anybody tell you anything different. Therefore a one fits all strategy generally doesn't work and knowing where the odds will move, when and how, is always going to be a hugely beneficial thing to know.