Saturday, 28 September 2013

World Championship Road Race Betting Preview

The World Championship elite men’s road race this year could be one of the most intriguing races for a long time with opportunities for a whole range of different types of rider to get their hands on the coveted rainbow jersey.

At 272.2km, it will be a long day for the riders and it will be a tough ride, particularly once the circuits around Florence start. The laps are 16.6km long and will test the riders to their limits. The Fiesole climb is 4.4km long with an average gradient of 5.2% with a steep section of over 10% at the end of the climb. They then embark on a reasonably technical descent down from Fiesole, then the short climb on Via Salviati. The climb is only 600m long, but with an average gradient of over 10% and a section of 200m at over 16%, it could be the perfect spot for the climbers to launch their attacks.


The favourite for this race is Fabian Cancellara. He has been targeting this race since the spring and would appear to be in excellent condition. His third place in the ITT, just two seconds behind Bradley Wiggins was far better than I expected, and it is hard to see him not being in the mix. On a classics-type course such as this, he will be fancying his chances, and he will view the technical sections of the descents as an opportunity to force the others to push themselves. The only real question is whether he can stay will the punchier climbers on Fiesole and Via Salviati, but Matej Mohoric, the winner of the U23 race, said that the course is not quite as difficult as it looks.

Peter Sagan has had an excellent year and will be hoping to cap it off with the World Championship title. It will be difficult to drop him on these short punchier climbs and if he is there at the finish, he will be the favourite in a sprint. However, there have been some questions concerning his tactics in the Classics and he is yet to win a long race such as this. Despite this, he is the second favourite and will certainly be one to watch.

Fabian Cancellara
Fabian Cancellara is the favourite to win the World Championship Road Race

The defending champion, Philippe Gilbert, finally won a race in the rainbow jersey at almost the last possible opportunity in the Vuelta. A few years ago, you would have marked Gilbert down as the big favourite for a race like this, but his form has dropped off. To win this, Gilbert will probably have to look to get away on the final lap up either the climb to Fiesole or Via Salviati. Whether he can get away, given the form that he is in, remains questionable. However, it is dangerous to write off someone like Gilbert in a race such as this.

The next group of potential winners are the GC-type riders. The likes of Vincenzo Nibali for Italy, Alejandro Valverde, Joaquim Rodriguez and Alberto Contador for Spain, Chris Froome for Great Britain and Nairo Quintana for Colombia. Any of these riders will know that they have to lose the likes of Cancellara, Sagan and Gilbert if they are to stand any chance of winning this race.

These riders will likely attack on the final lap ascents to Fiesole and Via Salviati. The final climb of Via Salviati is most likely to be where the race really kicks off – on steep climbs like this, few can stick with Joaquim Rodriguez, while Nibali and Froome have both shown their ability to ride away from the field in the Giro d’Italia and Tour de France respectively. If it comes down to a group of GC-type riders, Alejandro Valverde will fancy himself to have the best sprint finish.

It is also worth keeping in mind those riders that perform well in the Classics. Especially if Mohoric is correct in that the course is not quite as tough as it appears, this brings this type of rider into contention. Edvald Boasson Hagen is certainly one to watch. He is capable of sticking with the peloton on some of the trickier climbs and he would certainly fancy his chances in a sprint in a reduced group. Ian Stannard performed well this year and looked in excellent shape during the Tour of Britain. If there are any problems with Chris Froome, particularly if he decides that he cannot get away on the short climbs, Stannard could well become Great Britain’s second choice. The likes of Maxim Iglinsky, Carlos Betancur, Zdenek Stybar, Jan Bakelandts, Thomas Voeckler, Warren Barguil, Nicolas Roche and Diego Ulissi cannot be discounted either.

Two particularly interesting riders are Dan Martin and Rui Costa. Martin looked in good form at the Tour of Britain, particularly on the steep climb to Honister Pass, plus he has proven ability to win these long races. His performance at Liege-Bastogne-Liege is particularly relevant here, having won a long race and showing excellent tactics at the end. He has a good turn of pace if it comes to a sprint in a small group and he is not afraid to attack on the climbs. Similarly, Rui Costa has been in excellent form this year, winning two stages in the Tour de France and will be hoping that he can attack and hold onto a lead.

Dan Martin
Dan Martin is an interesting outsider for this race

The final twist to this race is that rain is expected on Sunday. This could make the descents particularly difficult, plus making attacking on steep slippery and possibly oily roads tough. On the later circuits, we might see the top descenders looking to take a few risks and put their challengers under some pressure. The likes of Fabian Cancellara, Vincenzo Nibali and Peter Sagan could put some of the other hopefuls under real pressure if they decide to rocket down the technical parts of the descents. In terms of riders that have performed well in bad weather this year, Nibali in the Giro certainly springs to mind, while those riders that performed well in Milan-San Remo (Sagan, Cancellara and Stannard) must be worth a look.

Overall, it has the potential to be an enthralling race with different groups of riders looking to employ a range of tactics. Picking a winner is certainly not easy, but a few bets do stand out.

Recommended Bets

Fabian Cancellara @ 18/5 (William Hill)
Dan Martin E/W @ 33/1 (Stan James)
Edvald Boasson Hagen E/W @ 40/1 (Paddy Power)
Ian Stannard E/W @ 200/1 (Bet365)

Wednesday, 25 September 2013

Quiksilver Pro France Surfing Betting Preview

The Quiksilver Pro France 2013 gets underway in the early hours of Thursday morning. For those that don’t know how it work, there are 36 surfers that are divided into 12 heats of three. The winner in each heat progresses to the third round, while the two loses face each other in 12 second round head-to-heads to determine the other 12 surfers that will progress to the third round.

Kelly Slater finally won his first title in France last year

The 12 winners in the third round progress to the fourth round, where they are grouped into four heats of three surfers. The four winners progress to the quarter-finals, while the eight losers go into four fifth round ties to determine the other four quarter finalists. From there, the four winner quarter-finalists progress to the semis, then the two winners move into the final to surf for the title, the ranking points and the $75,000 prize money. Thus, the format gives surfers several opportunities to fail to win a heat, yet still progress.

The favourite is the 11-time ASP World Champion, Kelly Slater, at 3/1. However, despite all his success, he has only won once in his career at Hossegor, although that was last year. He has reached the final three times in the last five years and the quarter-finals on two other occasions. He is currently second in this year’s World Championship, having won two of the seven events and reaching one further final. He has last year’s beaten finalist, Dane Reynolds, in his heat along with Adam Melling.

The 2007 and 2009 champion, Mick Fanning, leads Slater in the World Championship standings. While he is yet to win an event this year, he has been ultra-consistent, having reached at least the semi-final in four of the seven events, plus reaching the quarter-final in another. He only reached the third round here last year, but has won this event on three previous occasions, suggesting that he loves the conditions here.

Taj Burrows won earlier this month in Trestles to put an end to a poor sequence of results and to retain hope of challenging for a first World Championship title. He has reached one further semi-final earlier this season in Australia, but chances are running out for the 35-year old.

South African, Jordy Smith, sits fourth in the standings after a good season that has seen him win in Brazil and reach two further semi-finals. A victory here would put him right in the mix for the title, particularly if Slater and Fanning slip up as they did in Trestles earlier this month. JJ Florence, at just 20, is potential the next big thing in surfing. He reached the semi-final here last year and has reached a quarter-final and semi-final in his four events this season.


The other two major contenders are the Australian pair of Julian Wilson and Joel Parkinson. Parkinson is the defending ASP World Champion, although he has not quite lived up to that success this year. He lies third in the rankings, but has reached just one final and no other semi-finals this season. Wilson reached the final in Trestles and will be looking to back up that good performance here.

With six different winners in the seven events this season, picking the victor is tricky. Instead, we focus on some of the more consistent performances and hope for returns on the each-way terms. Mick Fanning would have placed four times in seven events this season, while Jordy Smith would have placed in three of his events. I fancy the young star, JJ Florence, to perform well here as well. One outsider might be Gabriel Medina, who reached the quarter-finals last year and won it the year before.

Recommended Bets

Mick Fanning E/W @ 7/1 (Paddy Power)
Jordy Smith E/W @ 9/1 (Paddy Power)
JJ Florence E/W @ 11/1 (Paddy Power)
Gabriel Medina E/W @ 33/1 (Paddy Power)

Monday, 16 September 2013

Backing the Draws - A Profitable Strategy?

The Premier League is often touted as the ‘Greatest League in the World’. Whether you agree with that sentiment or not, there is one particular aspect of it that makes it a dream for punters. The key angle for punters is backing the draw.

Generally, bookmakers see the least amount of money on the draw in the 1x2 markets. People do not like backing the draw – quite simply, it is boring. The casual punter wants to cheer on one team or the other. People will always view one team as better than the other team. As a result, the draw is often undervalued in the market.

Fans rarely go to a match wanting to see a draw

If we look at the past three completed seasons in the Premier League, we can see how blindly backing the draw can be particularly profitable:


Staked
Profit
ROI
2010/11
£3,800
£462.80
12.18%
2011/12
£3,800
-£117.60
-3.09%
2012/13
£3,800
£323.70
8.52%
Total
£11,400
£668.90
5.87%

The figures are based on placing £10 on the draw in every Premier League match over the course of a season. As we can see, you would have won money in two out of the three seasons, with the overall profit for the three year period being an impressive £668.90, which represents a 5.87% return on your initial stakes.

That is a pretty impressive return for a system that requires absolutely no research at all. It simply requires you to blindly back the draw in every match over the course of a season. The question is whether this is a phenomenon that is unique to the Premier League or whether the draw is undervalued in other leagues. The table below shows the overall three year figures for a number of other leagues:

League
Staked
Profit
ROI
Championship
£16,560
-£481.60
-2.91%
League 1
£16,560
-£542.60
-3.28%
League 2
£16,560
-£464.80
-2.81%
Serie A (Italy)
£11,400
-£437.40
-3.84%
La Liga (Spain)
£11,400
-£1,212.20
-10.63%
Bundesliga (Germany)
£9,180
-£556.70
-6.06%

As we can see, none of the six leagues in the table above show a positive return from blindly backing the draw. This would appear to set the English Premier League aside as a particularly special case.

So, is it possible to improve the returns from the Premier League with a little bit of extra work? Before, we were blindly backing the draw in every single match, regardless of whether that match was expected to be a low-scoring affair between Aston Villa and Stoke, or an expected big win for Manchester United against Hull.

Logically, you would expect a tight, low-scoring affair to be more likely to end as a draw. Naturally, this is reflected slightly in the draw price, but given we have already seen that there are issues with the draw price in general, it is still worth looking at.

The table below drills deeper into this question:

Price for U2.5 Goals
Total Matches
Total Profit
ROI
1.7
108
£107.90
9.99%
1.8
295
£409.40
13.88%
1.9
472
£384.40
8.14%
2.0
657
£705.10
10.73%
2.1
793
£1,072.10
13.52%
2.2
907
£1,097.10
12.10%
2.3
1,001
£1,006.30
10.05%
2.4
1,045
£926.40
8.87%
2.5
1,073
£939.20
8.75%
2.6
1,096
£976.10
8.91%
2.7
1,100
£836.10
7.53%
2.8
1,117
£766.10
6.86%
2.9
1,125
£747.30
6.64%
3.0
1,131
£758.90
6.71%

The total matches column represents the number of matches over the past three seasons that have had an average price for the Under 2.5 goals market of below the price in the first column of the table. The total profit is the profit that would have been made on putting £10 on the draw in each of those selections. The table is cumulative, so the 295 matches with U2.5 odds of less than 1.80 includes those 108 matches with U2.5 odds of under 1.7 as well as those 187 matches with odds of between 1.7 and 1.8.

The returns now are highly impressive. Simply by backing the draw in every match over the past three seasons where the average Under 2.5 goals price was below 2.0, you would have made a 10.7% return on your stakes. Backing every match under 2.1, you would have made a 13.5% return on your stakes. Given that approximately 90% of people losing money betting on sports and that winning between 5-10% is generally seen as very respectable, it puts this into context. By doing no more research than simply looking at the Under 2.5 Goals price, you would have guaranteed yourself a double figures ROI.

How does this compare with a similar exercise on the other leagues we looked at earlier? The table below shows the profit and ROI for those six leagues for matches where the Under 2.5 Goals price is less than 2.0:

League
Total Matches
Profit
ROI
Championship
1,263
-£657.90
-5.21%
League 1
1,418
£7.60
0.05%
League 2
1,408
£327.20
2.32%
Serie A (Italy)
907
-£283.70
-3.13%
La Liga (Spain)
721
-£621.70
-8.62%
Bundesliga (Germany)
353
£36.10
1.02%

In all the league, bar the Championship, solely focussing on those matches where the Under 2.5 Goals price is less than 2.0 does increase the ROI. Indeed, in the cases of League 1, League 2 and the Bundesliga, it does return a profit, albeit nowhere close to that of the Premier League.

Overall, the Premier League does seem to be an anomaly when it comes to the draw market. Simply by focussing on matches with a low goal expectation and backing the draw, you would have seen returns of over 10% in the past three seasons – a remarkable rate given the lack of work and research needed.
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