Profitable football trading is not easy due to the football markets being very efficient. This means the chance of a team actually winning (or scoring x goals) is often very closely related to the odds. Accepting the odds being offered by the market/bookmaker without assessing whether they are providing value, will make you an unprofitable trader in the long-term.
Most professional sports traders will tell you the best way for long-term profitable football trading is to either:
- Pre-game: Make value bets (measured by consistently beating the closing price i.e. obtain better odds than the final odds at kick-off time).
- In-Play: Watch the games and get in and out the market when a goal looks likely to be scored. Again, in-play bets should only be placed where the odds are offering value.
Football xG provides great resources to help with your football trading:
- An Excel summary of all upcoming matches (it includes the predicted xG, % chances for each result outcome based on an adjusted Poission model, games where there appears value in the odds, and historical statistic averages across 2,5, and 10 games). This is an invaluable tool to help make better football trading decisions.
- This tool can then be used to help with both pre-game and in-play trades (see below):
Check out the various spreadsheets and tools that Footballxg provide to help take your trading to the next level.
Please also see our general trading advice below.
Below are strategies to use for trading the football markets where goals are expected. Further guidance is given below:
1) Select and watch a game (and/or use sofascore.com) which we expect to have goals. When the game starts to show a period of sustained pressure, we enter the market (how to enter the market varies by strategy). If there is no sustained pressure (i.e. doesn’t look like a goal is coming) we don’t open the trade.
Maintaining your bank is key, so only open a trade when a goal looks like it is coming and only ever bet a small percentage of your betting bank. See the section on the right (desktop users) for some specific strategies to consider.
2) Once the trade is opened, there are multiple ways to play it (See sections below). Before we get to that, it is critical to keep hammering home the importance of value.
No Value = No bet
Pro-tip: always consider if there is value in the trade. The easiest way to do this is to think in percentages rather than odds. For example, if the odds of a goal in the last 20 minutes are 1.8:
- Convert this to a percentage (1/1.8 = 56%)
- Based on the current game state and historical stats of late goals for the given teams, ask yourself this question: “if the game was played 100 times with these exact circumstance, how often do you believe there will be a goal?“.
- If the answer is greater than 57 out of 100 (i.e. 57% or greater), then the odds are providing value.
Identifying true odds/percentages is arguably the most challenging part of in-play football trading (in simple terms, if you continually obtain odds better than the true chance of it happening, then you will be profitable in the long run).
If you have no idea on how to assess whether there is value, we do offer an in-play odds calculator which is included with all xG Pro subscriptions.
Hopefully this page has provided some initial insights on how to approach football trading. Please check out our xG based prediction models to help take your trading to the next level.
We are also happy to answer any questions you may have. Please use the contact page or contact us via twitter.