Odd vs Bodo/Glimt prediction

Odd

Match start date: Nov 23, 2024

VS

Tournament: Norway. Eliteserien

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Bodo/Glimt

Our app uses a special algorithm to predict the outcome of the match between Odd and Bodo/Glimt. This algorithm is designed to detect any inaccuracies in the bookmakers' odds by analyzing a vast amount of input data.

Odd

For Odd, 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 Odd conditional points, which later will be used to determine the favorite.

10/11

Away

25 Sandefjord

0:1

+29

03/11

Home

44 Brann

0:3

+3

27/10

Away

16 Lillestrom

0:3

+2

20/10

Away

44 Viking

3:3

+49

29/09

Home

24 KFUM

1:3

+3

22/09

Away

24 Kristiansund

0:0

+25

15/09

Home

26 Tromso

1:0

+38

31/08

Away

30 Fredrikstad

0:2

+4

Bodo/Glimt

Similarly, for Bodo/Glimt, we analyze their last 8 matches using the same approach.

10/11

Home

30 Fredrikstad

2:2

+33

03/11

Away

40 Molde

3:3

+47

28/10

Home

41 Rosenborg

2:3

+28

19/10

Away

26 Tromso

0:0

+26

29/09

Home

24 Kristiansund

4:0

+108

22/09

Away

44 Brann

1:4

+4

13/09

Home

31 HamKam

3:0

+130

01/09

Away

27 Stromsgodset

1:0

+40

Identifying the favourite

After analyzing both teams' last 8 matches, we've assigned 153 points to the home team and 414 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 (Odd) is playing on their own turf, which may slightly improve their chances of winning.

Accumulated points

Odd 153
Bodo/Glimt 414

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 57.14% of victories for the team Odd occurred in home matches. For the team Bodo/Glimt this indicator is 51.56%. On average, this equates to 54.35%, suggesting a slight advantage for Odd all other things being equal.

Percentage of home wins by teams

Odd

Odd 57.14%

Bodo/Glimt

Bodo/Glimt 51.56%

Average

Average 54.35%

Now, to determine the favorite of the match, we will take 54.35% of the home team's points and 45.65% of the away team's points. It turns out that the favorite of the match is Bodo/Glimt with an advantage of 189 points against 83. If we convert it to a percentage ratio, it will be 69.49% to 30.51%.

Points earned with home win percentage

Odd 83
Bodo/Glimt 189

Bookmakers odds and probability

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 13.33% with a coefficient of 7.5. The coefficient for the home team's victory is 13.99, and for the away team's victory it is 1.26. If we exclude the draw, the probability of the home team's victory will be 8.25%, and the away team's victory - 91.75%. This differs from our calculations.

Comparison of calculated data with bookmakers

Bookmakers

Odd 8.25%
Bodo/Glimt 91.75%

Our calculation

Odd 30.51%
Bodo/Glimt 69.49%

Match prediction

As a result of the analysis conducted, an inaccuracy was found in the bookmaker's line. In our opinion, the probability of Odd's victory is an order of magnitude higher than what the bookmakers think. The difference is 22.08%. The coefficient for the team's victory is 13.99, while in reality, it should be 3.78.

Comparison with bookmakers odds

Home Win

Draw

Away Win

Bookmakers

13.99

7.5

1.26

Our calculation

3.78

7.5

1.66

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.

Home Win

13.99

Our prediction statistics

2024 October

QUANTITY 2852

ROI +7.78%

EARNINGS +$22186

Week

QUANTITY 480

ROI +16.98%

EARNINGS +$8149

2024 November

QUANTITY 2552

ROI +3.04%

EARNINGS +$7769

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