Statistical prediction is a method used in sports betting, to predict the outcome of the matches by means of statistical tools and using complex math formulas.
Who does not want to predict the result of a hockey match? At least what team is the winner or if the result is a tie and overtime will be played. The best way to make a prognosis is to calculate the probability of the outcome.
The goal of statistical match prediction is to outperform the predictions of bookmakers, who use them to set odds on the outcome of matches. The odds tend to change more as the start of the match gets nearer and more money changes hands.
Always remember that bookmakers set odds based on a mixture of statistical probabilities, but also on a public opinion. Their priority is balancing the books. They would like to minimize the risk and make a profit regardless of the match outcome. Collect enough money to pay off losing bets and keep the profit. That is their mantra.
You can use these predictions for your decisions, but should not be surprised if the outcome is just the opposite of the prediction.
Bookies' odds never aim to predict an outcome of a match with utmost accuracy, therefore the calculated probabilities of ‘true’ odds often do not match the betting odds offered in the market.
The goal of this application is to calculate the odds based on the mathematics that will be more suitable than the bookmaker's.
This application can be useful in calculating the odds for the following world hockey leagues:
• Australia (AIHL)
• Austria (EBEL, National League)
• Belarus (Extraleague)
• Canada (OHL, WHL, QMJHL, LNAH, Memorial Cup)
• Czech Republic (Extraliga, Czech 1.liga, ELJ)
• Denmark (Ishockeyligaen, Danish Cup)
• Finland (Liiga, Mestis, Suomi-sarja)
• France (Ligue Magnus, French Cup, League Cup, Super Cup)
• Germany (DEL, German Cup, DEL2, Oberliga East, Oberliga North, Oberliga South, Oberliga West, Oberliga)
• Italy (Serie A, Italian Cup, League Cup, Super Cup)
• Kazakhstan (Championship)
• Latvia (LHL, UHL)
• Norway (Eliteserien, Division 1)
• Poland (Polish Hockey League, League Cup)
• Russia (KHL, VHL, MHL)
• Slovakia (Cassovia Hockey Cup, Extraliga, 1. Liga)
• Slovenia (Hokejska liga, Slohokej Liga)
• Sweden (SHL, HockeyAllsvenskan, AllEttan Norra, AllEttan Södra, AllEttan Mellan, Division 1 A Vår, Division 1 A, Division 1 B Vår, Division 1 B, Division 1 C Vår, Division 1 C, Division 1 D Vår, Division 1 D, Division 1 E Vår, Division 1 E, Division 1 F Vår, Division 1 F, Clas Ohlson Cup, Division 1, SCA Cupen, Allsvenskan Norra, Allsvenskan Sodra, Division 1 Norra)
• Switzerland (NLA, NLB)
• Ukraine (Championship)
• United Kingdom (Elite League)
• USA (NHL, AHL, ECHL, CHL, FHL, SPHL)
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