For Fjolnir, we analyze their last 8 matches, taking into account various factors such as the quality of their performance, the match results, the location of the match (whether it was played at home or away), and the strength of their opponents. To determine the strength of the opponents, we look at the results of their previous matches. For each game, we will give the team Fjolnir conditional points, which later will be used to determine the favorite.
31/08
Away
20 Grotta
1:2
+22
22/08
Home
35 IR Reykjavik
1:2
+27
18/08
Away
23 Thor Akureyri
1:1
+27
14/08
Away
33 Njardvik
0:0
+38
09/08
Home
38 Vestmannaeyjar
1:5
+1
31/07
Away
29 Throttur Reykjavik
0:0
+32
26/07
Home
15 Dalvik/Reynir
1:1
+10
18/07
Home
28 Grindavik
5:1
+103
Similarly, for Afturelding, we analyze their last 8 matches using the same approach.
30/08
Home
33 Njardvik
4:1
+158
24/08
Away
38 Vestmannaeyjar
3:2
+79
19/08
Home
29 Throttur Reykjavik
1:0
+44
14/08
Away
15 Dalvik/Reynir
3:1
+48
08/08
Home
26 Leiknir Reykjavik
1:1
+24
30/07
Away
28 Grindavik
3:0
+129
25/07
Home
36 Keflavik
1:3
+4
18/07
Away
20 Grotta
4:1
+93
After analyzing both teams' last 8 matches, we've assigned 262 points to the home team and 579 points to the away team. This suggests that one team has an advantage over the other. However, it's important to consider that the home team (Fjolnir) is playing on their own turf, which may slightly improve their chances of winning.
Accumulated points
To determine what percentage of victories each team achieves at home and away, we've compiled statistics from several recent years to eliminate any chance-related factors. It turns out that 51.61% of victories for the team Fjolnir occurred in home matches. For the team Afturelding this indicator is 47.69%. On average, this equates to 49.65%, suggesting a slight advantage for Fjolnir all other things being equal.
Percentage of home wins by teams
Fjolnir
Fjolnir 51.61%
Afturelding
Afturelding 47.69%
Average
Average 49.65%
Now, to determine the favorite of the match, we will take 49.65% of the home team's points and 50.35% of the away team's points. It turns out that the favorite of the match is Afturelding with an advantage of 292 points against 130. If we convert it to a percentage ratio, it will be 69.18% to 30.82%.
Points earned with home win percentage
Now let's see who the bookmakers consider the favorite and compare their data with our calculations. The bookmakers estimate the probability of a draw in this match at 24.15% with a coefficient of 4.14. The coefficient for the home team's victory is 2.69, and for the away team's victory it is 2.59. If we exclude the draw, the probability of the home team's victory will be 49.06%, and the away team's victory - 50.94%. This differs from our calculations.
Comparison of calculated data with bookmakers
Bookmakers
Our calculation
As a result of the analysis conducted, an inaccuracy was found in the bookmaker's line. In our opinion, the probability of Afturelding's victory is an order of magnitude higher than what the bookmakers think. The difference is 16.99%. The coefficient for the team's victory is 2.59, while in reality, it should be 1.91.
Comparison with bookmakers odds
Home Win
Draw
Away Win
Bookmakers
2.69
4.14
2.59
Our calculation
4.28
4.14
1.91
Our mathematical algorithm has detected significant inaccuracies in the bookmakers' odds for this match. Such a large difference can only mean that we have not taken into account some important factor that allows the bookmakers to set such odds. We cannot confidently recommend using our prediction for betting on this match, as the potential profit will be minimal.
Away Win
2.59
2024 August
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26 August 2024 - 1 September 2024
QUANTITY 278
ROI +22.85%
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2024 September
QUANTITY 650
ROI +4.95%
EARNINGS +$3218
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