Thursday, 23 May 2019
Analyses Betting odds

Bets on Alavés from the Spanish La Liga had a ROI of 173,42% in the season 2016/17

It is no big secret, that there are professionals among punters, who consider betting to be a financial product. These players assess carefully all risks, they compare the odds, they watch closely the form of specific teams and they pay attention to eventual injuries of key players before placing a bet. Such professionals are very detail oriented – they take into account all relevant factors and moreover, they asses in similar fashion also the results.

They are neither surprised nor discouraged by one or more failures and they follow to the letter their chosen strategy over the course of the whole season. The main aim of this specific player group is to get higher revenues, which are often significantly higher than the more conservative alternatives such as fixed-term deposits or investments into various financial products. These punters do not bet for fun and they do not suffer from any gambling addictions. They simply want to make money at the expense of bookmakers, that´s it.

Betting professionals use selected portals or paid services available on the internet in order to obtain relevant data for their analyses. Consequently, their decisions are made based purely on facts and statistical indicators. They never place any bet before a throughout analysis and they do not rely on any subjective feelings. This is the biggest difference between the professional and the common punter who visits the local betting shop.

Websites, which offer data of high quality, are portals such as https://www.jumpingodds.com or www.playerdatabase247.com. These sites analyze betting odds and results during the whole season. Jumpingodds.com goes one step further – it offers an analysis of the returns of placed bets based on real pre-match opening odds, which had been issued before the start and the final results of the relevant matches.

We took a closer look on some of the most interesting results, which may have been missed by the average punters, but they are certainly worth mentioning. We will take a closer look on the Spanish team Deportivo Alavés, which finished with 55 points on the 9th place in the La Liga table in the 2016/17 season. This team was positioned in the middle of the league table. It was therefore overlooked by the media, which are interested mainly in the fight for the overall leadership or in the relegation matches.

The biggest strength of Alavés is their ability to win their away matches over strong opponents. This fact proves to be quite profitable, especially in conjunction with higher odds on the outsider. For example Alavés won 7, lost 7 and played a draw in 5 of their 19 total away matches in the La Liga 2016/17 season. The high odds on the 7 wins itself were enough to increase the revenue of bets placed on these away matches to an astonishing value of 173,42%.

What does it mean in reality?

It means that if you had repeatedly bet the same amount, for instance 10 euro, on the win of every away match of Alavés, you would have got a profit of 329,50 Euro. The result for the whole season would look like this:

Number of away matches:               19
Number of matches won:                 7
Number of matches lost:                  7
Number of draw matches:               5

Total stake:                                        190 Euro (19×10 Euro)
Total win on the betting slips:      519,50 Euro
Total profit:                                        329,50 Euro
Revenue in %:                                    173,42%

 

The detailed calculation of the betting profitability for the whole 2016/17 season for all the teams playing in major European top leagues such as the Premier League, the La Liga, the Bundesliga, the Serie A and the Ligue 1 – including the second leagues – can be calculated thanks to the analytical tool available on the page Jumpingodds.com/analyses .

Please note, that historical data are no guarantee to predict future results. A new season will therefore have a different profitability. Be careful when placing your bets and do not consider our findings to be a mean to be quickly rich.

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