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Statistical Football prediction is a method used in sports betting, to predict the outcome of football matches by means of statistical tools. The goal of statistical match prediction is to outperform the predictions of bookmakers [ citation needed ] [ dubious – discuss ] , who use them to set odds on the outcome of football matches.
Paul the Octopus (26 January 2008 [1] – 26 October 2010) was a common octopus who predicted the results of international association football matches. Accurate predictions in the 2010 World Cup brought him worldwide attention as an animal oracle.
As a result, Mani made a new prediction for the World Cup Final between Netherlands and Spain. It tipped a Dutch win over Spain. On the other hand, fellow oracle star Paul the Octopus of Germany went for a Spanish victory, [ 8 ] [ 9 ] resulted in some media outlets describing the game as an octopus-versus-parakeet showdown.
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They are the ratio of the amount won to the stake – the solidus "/" is pronounced "to"; for example, 7/1 is "seven to one". Fractional odds of 1/1 are an even bet. US format odds are the amount won on a 100 stake when positive, and the stake needed to win 100 when negative. US odds of 100 are an even bet.
A study on soccer betting found that the probability for the home team to win was generally about 3.4% less than the value calculated from the odds (for example, 46.6% for even odds). It was about 3.7% less for wins by the visitors, and 5.7% less for draws. [14] To understand roulette probabilities and calculate them, you need to know the formula.
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