Come on then guys. Going on my own knowledge the bookies have given me a tanning in the first round of games. I had an idea a few seasons ago (based on a book that impressed me) that peoples combined knowledge might beat the bookies, and it made consistent small returns. I'd like to try it for the second load of games and try and make my money back.
All I do is collate your collective opinions, and compare them to the bookies prices. And put the money on the results where our opinion suggests the bookie has his odds wrong.
If the theory is correct then it's important that all your opinions are independent. So please give your opinion before reading other peoples opinion in this thread.
Just click reply to and then split 10 points between the three possible results win / draw / win based on how likely you think the result is to happen.
For example Cardiff vs Swansea 10 / 0 / 0 Ayatollah
Brazil v Mexico
Australia v Holland
Spain v Chile
Cameroon v Croatia
Colombia v Ivory Coast
Uruguay v England
Japan v Greece
Italy v Costa Rica
Switzerland v France
Honduras v Ecuador
Argentina v Iran
Germany v Ghana
Nigeria v Bosnia
USA vs Portugal
Belgium v Russia
South Korea v Algeria
I'll work them out vs the bookies odds tomorrow afternoon before the Brazil game and post the tips here at say 5pm. The more that reply the better the tips should be.
Brazil v Mexico 7-3-0
Australia v Holland 0-0-10
Spain v Chile 3-4-3
Cameroon v Croatia 0-0-10
Colombia v Ivory Coast 7-3-0
Uruguay v England 2-6-2
Japan v Greece 2-6-2
Italy v Costa Rica 8-2-0
Switzerland v France 1-6-3
Honduras v Ecuador 0-5-5
Argentina v Iran 10-0-0
Germany v Ghana 10-0-0
Nigeria v Bosnia 2-4-4
USA vs Portugal 0-1-9
Belgium v Russia 5-5-0
South Korea v Algeria 10-0-0
Brazil v Mexico 7-2-1
Australia v Holland 0-1-9
Spain v Chile 4-3-3
Cameroon v Croatia 1-3-6
Colombia v Ivory Coast 7-2-1
Uruguay v England 3-5-2
Japan v Greece 4-4-2
Italy v Costa Rica 6-2-2
Switzerland v France 3-4-3
Honduras v Ecuador 1-2-7
Argentina v Iran 7-2-1
Germany v Ghana 6-3-1
Nigeria v Bosnia 5-3-2
USA vs Portugal 2-2-6
Belgium v Russia 3-4-3
South Korea v Algeria 5-2-3
Here are the tips as of the opinions I've canvassed vs the opinion of the bookie. The important thing to note is that I'm not saying all these results are likely, I'm saying the bookies price is too generous compared with what we think will happen. So whilst our opinion is still that Spain will beat Chile, we think Chile are much more likely to win than their price suggests, and if our opinion of the odds is correct then if we were to make the bet 10 or 100 times that we would end up ahead. For that reason, I wouldn't include all of them in an accumulator.
For my accumulator I've only included results that we suggest are both likely to happen (more than 50😵 and are undervalued by the bookie. The 3 in my accumulator are in bold below and only pay roughly 2/1
There isn't a tip for every game, as it's difficult to find value that beats the bookies profit margin, the bookie sets the odds equvalent to every result adding up to somewhere between 105% and 115% - thats his profit margin. So he's gotta be quite a way out for a price to look good.
Here are the returns for a £1 bet. As it's only an experiment I'm just putting a quid on them all.
Holland 2/9
Australia v Holland
Estimated Return:£1.22
Chile 4/1
Spain v Chile
Return:£5.00
Draw 9/4
Uruguay v England
Return:£3.25
Argentina 1/7
Argentina v Iran
Return:£1.14
South Korea 6/5
South Korea v Algeria
Estimated Return:£2.20
Draw 11/5
Belgium v Russia
Return:£3.20
The other results that showed better than bookie odds but only marginally were Brazil Mexico the draw, Colombia to beat Ivory Coast, Japan Greece the draw, Switzerland to beat France, Honduras Ecuador the draw and Portugal to beat the USA. The Portugal result was also 64% likelyhood in our opinion, so you could add that to your acca as well. But all these are by a much smaller margin and probably not worth the gamble.
Oh and the price most undervalued in our opinion is South Korea to beat Algeria,. So if you only have one bet, have that one.
"Ghana 1, USA 2: 2014 FIFA World Cup | Group G Match"
"Man of the Match: Jermaine Jones (and Kyle Beckerman); Andre Ayew newest American hero..." Recap Video.
http://www.mlssoccer.com/worldcup/2014/news/article/2014/06/16/ghana-1-usa-2-2014-fifa-world-cup-group-g-match-recap
Dewi, thought this recap video might be of interest.
Originally posted by Dewi JonesLooking good so far. I got Chile at 9/2 btw.
Here are the tips as of the opinions I've canvassed vs the opinion of the bookie. The important thing to note is that I'm not saying all these results are likely, I'm saying the bookies price is too generous compared with what we think will happen. So whilst our opinion is still that Spain will beat Chile, we think Chile are much more likely to win than t ...[text shortened]... lued in our opinion is South Korea to beat Algeria,. So if you only have one bet, have that one.