Betting Analytics Guides | CONSENSUS

Guides

The mathematics we run our own engine on, written out in full — including the bugs we shipped, the numbers we do not yet publish, and the reasons why.

By CONSENSUS Research Published Updated

Start here

  1. Are AI betting predictions accurate? — AI prediction sites advertise 78–87% accuracy.
  2. How to evaluate a tipster or prediction service — Nine checks that separate a verifiable record from a marketing claim: sample size, average odds, drawdown, statistic resets, verification method and who controls the numbers.
  3. De-vigging odds: how to remove bookmaker margin — Bookmaker odds contain margin, so implied probabilities sum to more than 100%.

All guides

GuideWhat it answers
Are AI betting predictions accurate?AI prediction sites advertise 78–87% accuracy.
How to evaluate a tipster or prediction serviceNine checks that separate a verifiable record from a marketing claim: sample size, average odds, drawdown, statistic resets, verification method and who controls the numbers.
De-vigging odds: how to remove bookmaker marginBookmaker odds contain margin, so implied probabilities sum to more than 100%.
Closing line value: the metric that survives small samplesCLV compares the price you took against the price at kickoff.
The Poisson model for football predictionsA Poisson model turns two expected-goals numbers into a full matrix of scorelines, and that matrix prices every market at once — 1X2, over/under, both teams to score, correct score.
Dixon–Coles: the correction that fixes low-score drawsIndependent Poisson under-predicts 0–0 and 1–1 and over-predicts 1–0 and 0–1.
Expected value, done properlyThe usual EV formula assumes a bet either wins or loses.
How to measure whether a prediction model is any goodHit rate cannot distinguish a good model from a cautious one.
How to build a football betting modelA complete, honest path: data collection, fitting attack and defence strengths, building the score matrix, de-vigging the market for comparison, and backtesting without the four biases that make every naive backtest look profitable.
Maximum drawdown: the number almost nobody publishesDrawdown is the peak-to-trough fall in your bankroll.
Kelly criterion and risk of ruinKelly gives the mathematically optimal stake for long-run growth — and full Kelly is far too aggressive for anyone whose edge estimate might be wrong.
Why most events get a PASSCONSENSUS runs a multi-layer analytical process over the same event and publishes only where the independent checks agree.
How to read betting oddsThree formats say the same thing in different words.
Line shopping: the cheapest edge available to anyoneThe same outcome carries different prices at different bookmakers.
Asian handicap: what the quarter lines actually doAsian handicap removes the draw and splits stakes across two lines at quarter increments.
Double chance and draw no betTwo ways to shorten the odds by covering more outcomes, and one arithmetic trap that produces edges of 40 percentage points where none exist.
Parlays and accumulators: the margin compounds tooCombining selections multiplies the odds — and multiplies the bookmaker margin with them.
When not to betMost published analysis is about which bet to make.
Thin markets: when a price is one firm's opinionA quote available at a single bookmaker carries none of the information that makes market prices useful.
Bankroll management, without the folkloreA separated bankroll, a flat unit, and a stake small enough to survive the worst run your strategy can produce.
Tracking your bets: the eleven fields that matterA betting record is only useful if it can answer questions you did not think to ask when you made the bet.
Why your ROI is probably wrongSix ways a return-on-investment figure overstates performance, all of them accidental and all of them common: turnover versus stake, excluded voids, forgotten bonus money, survivorship in the record, unequal stakes counted equally, and the sample being far too small to mean anything.
How many bets until you know whether you are any goodThe uncomfortable answer is more than most people ever place.
When betting stops being a choiceThe recognised warning signs, the tools that work regardless of willpower, and where to get help in the UK, US, Canada, Australia and across Europe.
Over/under totals: the market that prices the game, not the winnerTotals ask how much scoring there will be, not who wins.
Both teams to score: a bet on two independent failuresBTTS asks whether each side avoids a blank.
Player props: where the market is thinnestPlayer markets carry the widest margins and the least scrutiny of anything on the board.
Live betting: what you pay for immediacyIn-play markets carry higher margins, shorter acceptance windows and a structural information disadvantage against the bookmaker.
How bookmakers actually set oddsA price is a model output, a margin, and a running adjustment for the money arriving.
Why odds move — and what a move actually tells youFour distinct causes produce identical-looking price movements.
The favourite–longshot biasAcross a century of data and most betting markets, longshots are systematically overbet and favourites systematically underbet.
Value betting: the only definition that means anythingA value bet is one where your probability estimate exceeds the de-vigged market probability by more than your own uncertainty.
Arbitrage betting: the arithmetic works, the accounts do notBacking every outcome across different bookmakers can lock a small profit regardless of result.
Matched betting: extracting bonuses, and the ceiling on itUsing a bookmaker bonus and covering the position at an exchange converts most of the bonus into cash.
Why accounts get restricted — and what actually triggers itWinning is not the only trigger, and often not the first one.
Is sports betting profitable — and for whom?For the large majority it is not, and the reason is structural rather than a matter of skill.

Glossary

Short definitions with formulas and the mistake each term is usually involved in — 18 terms, one page each.

Check any of this against our record

Every signal CONSENSUS publishes carries the bookmaker odds fixed before the event starts and the settled result afterwards — including the drawdowns and the losing runs. The running total is on the front page and every entry is in the log.

See the running result Open the full log