Profitability of simple fixed strategies in sport betting: Soccer, Belgium Jupiter League, 2009-2019

A simple fixed strategy is a strategy to bet the same fixed amount of money on a particular event, for example that a home team wins, for all games in a pre-selected group of games.

In this book calculations of profitability of fixed strategies in soccer for 2009-2019 Belgium Jupiter League seasons are presented.

All games are divided on groups, based on implied probabilities or which team is a home team or an away team. For each group profitability (return on investment -ROI) is calculated for each season. For example, if we look into the table with games where Waregem was an away team, we can see that betting on this away team in 2012-2013 season would give us over +155% return on all bets. If we look into the table with games where average implied probabilities for a home team to win are in the range of [80%,90%], we see that betting on away teams would give us +500% return on all bets in 2018-2019 season.