Betting Odds
For one night, the Beautiful Game belonged to Germany.
Known more as a methodical team than a brilliantly creative one such as Brazil, the Germans scored several lovely goals Sunday night in a 4-0 rout of Australia.
Germany scored two goals in each half and Tim Cahill was sent off as the three-time champion surged to the top of Group D at the World Cup.
“I think the way we set up our attacks is something we’ve been working on intensively,” Germany coach Joachim Loew said. “But we’ve also worked on how we play off the ball – to move into unused space. We were very good on the ball tonight, and we created beautiful goals.”
Lukas Podolski and Miroslav Klose scored in the first 30 minutes as Australia coach Pim Verbeek’s defensive tactics backfired.
Thomas Mueller and Cacau also scored against an overwhelmed Australian defense in the second half after Cahill was red-carded in the 56th minute for a late tackle on Bastian Schweinsteiger.
The Germans’ dominant win, played in front of 62,660 fans at the Moses Mabhida Stadium, came without injured captain Michael Ballack. Any slim hope Australia had of coming back evaporated with Cahill’s 56th-minute ejection.
Klose missed two more good chances before Mueller made it 3-0 in the 68th minute, dragging the ball back to avoid Scott Chipperfield’s lunge and firing a low shot in off the post. Cacau rounded off the scoring in the 70th, just two minutes after coming on for Klose. While Germany is in excellent shape for advancement already, the Socceroos are desperate.
“The next game is a final,” Verbeek said of the match with Ghana. “We have to win that game.”
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Betting Odds
Extensive analyses in economics and business literature suggest that betting odds provide an efficient forecasting instrument. For a recent summary of the history of sports wagering. Bookmakers determine fixed betting odds according to their expectations of game outcome probabilities, and once they are published, fixed odds rarely change. These fixed odds therefore represent expert predictions by bookmakers. If you also compare the forecasting performance of several British bookmaking companies for the outcomes of English soccer games over a five-year period
and find that the forecasting performance increases over time. Team quality indicators and geographical distance between the teams, leads to betting strategies with a positive gross return. Their results suggest betting odds provided by betting companies have a rather high forecasting accuracy, which is plausible, because betting companies with inefficient odds would not survive. However, despite these various analyses and considerations, no previous studies compare their results with those of PMs or tipsters.
