| Predicted Odds | Available Odds |
|---|---|
| Richmond 7.69 vs Carlton 1.15 | 3.00 vs 1.45 |
| Geelong 1.33 vs Essendon 4.00 | 1.18 vs 4.50 |
| Melbourne 7.69 vs Hawthorn 1.15 | 4.50 vs 1.18 |
| Sydney 4.55 vs St. Kilda 1.28 | 2.60 vs 1.45 |
| Brisbane 1.20 vs West Coast 5.88 | 1.30 vs 3.30 |
| Port Adelaide 1.20 vs North Melb. 5.88 | 1.40 vs 2.80 |
| Western Bulldogs 2.00 vs Collingwood 2.00 | 1.60 vs 2.25 |
| Adelaide 1.28 vs Fremantle 4.55 | 1.80 vs 1.95 |
Basically, the first column shows what my program predicts for the odds for each match. The second column contains the odds available from a betting agency.
When deciding which bets to place, its about choosing the teams with predicted odds that are lower than the available odds. So, from the table above, we place bets on the teams in bold.
The results of the weekend, placing $100 on each applicable match, would have given the following wins/losses:
| Team | Outcome | Winnings |
|---|---|---|
| Carlton | W | $45 |
| Essendon | L | -$100 |
| Hawthorn | W | $18 |
| St. Kilda | W | $45 |
| Brisbane | W | $30 |
| Port Adelaide | W | $40 |
| Collingwood | W | $125 |
| Adelaide | L | -$100 |
| Total ($800 outlay) | $103 profit | |
| Percentage Return | 13% | |
Well, that's actually a pretty good result... a 13% return on investment. I'll also keep a tally of tips predicted for the season. That's 6 for this week.
Now, before you say anything, it might look suspicious that I have posted the predictions and results after the round has completed. Well, lets just say I wanted to make sure it wasn't a complete failure before I even started this thing.
However, I promise to post my predictions for next round BEFORE the games start.
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