There are four pillars on which successful betting is based and on which professional players rely:
xG statistics is a super-tool that allows you to predict the probabilities of the outcome of sporting events. And regardless of the final result of the game.
Using the xG statistics data, the player can see the real strength of the teams – which team gives more on the field, creates more dangerous chances at the opponent’s goal, therefore, has more chances to win. As a result, this allows you to see and select potentially winning bids with the highest ROI. By the way, there are often very high odds for such bets, because the pool of players usually does not analyze the game of teams by xG, and therefore underestimates the chances of teams to win.
Excel spreadsheets are another super tool for advanced betting. It is effective for creating mathematical models and analyzing line archives. By entering data into the tables, the player can estimate the amount of dispersion and see the overall effectiveness of his strategy over a long distance.
The Monte Carlo generator is a model that allows you to solve mathematical problems by generating random variables. The generator works in conjunction with xG statistics data. This tandem allows you to evaluate the game from the mathematical side, that is, look at the game through the “eyes” of numbers. This makes the Monte Carlo generator a powerful tool for accurately predicting football matches and calculating the probabilities of the outcome of events. You can learn more about how to predict sports events using the Monte Carlo method here.
ROI indicators are, in fact, your main benchmark in bidding. This is a profitability criterion by which advanced bettors determine the profitability of a bet over the long run.
Moreover, ROI also helps bettors to know the effectiveness of predictions. Using this indicator, the player sees exactly how much money he has invested and how much he has earned, regardless of the odds of bookmakers.