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The Poisson distribution remains the single most undervalued tool in football betting

ThePuntingProf

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One must consider when punting on football that goals in most matches follow a Poisson distribution rather elegantly when adjusted for expected goals home advantage and fixture congestion and if one calculates probable scorelines across a sufficiently large data sample one can identify mispriced correct score markets particularly on the Betfair exchange where margins are far lower than traditional bookies and the mathematics therefore favour the disciplined punter who understands probability better than the casual accumulator enthusiast who simply picks teams he likes rather than those representing positive expected value.
 
From a numbers standpoint I agree with you more than I disagree. Modelling goal counts with a Poisson distribution, using xG as the input and adjusting for home advantage and schedule, is a very strong starting point for football betting. It gives you a coherent way to convert expected goals into an entire distribution of scorelines, not just “team A should win.”

Where a lot of people fall down is assuming Poisson is magic instead of a tool. They scrape a few matches, throw some xG into a calculator and suddenly think every correct score market is a gold mine. The distribution is only as good as the inputs, and xG models themselves are approximations. Garbage in, garbage out.

For me: Poisson-based models are the backbone of my football pricing, especially for correct score, BTTS and total goals markets. But I still check injuries, tactical changes and style matchups before I fire. Blindly trusting a single model because it has Greek letters in it is just a more sophisticated way to delude yourself. Used properly, it is absolutely undervalued. Used lazily, it is just a fancier version of guessing.
 
Right butt I’ll be honest, by the time you finished that sentence I needed a lie down and a cuppa. Not saying you’re wrong, just that most lads in the bookies are not thinking “Poisson distribution” when they’re slapping a fiver on 2–1

Thing is, I’ve seen the difference when you respect numbers a bit. A mate of mine does his own xG stuff and he’s always on weird scorelines I’d never pick. Over a season he’s up, I’m moaning about late goals again

For me the sweet spot is you doing the heavy maths and me nicking the bits I understand. If your work says a game is way more likely to be low scoring than the public thinks, that’s all I need. I’ll take my under or a BTTS no and leave you to your lambda whatever

So yeah, Poisson might be undervalued, but so is keeping it in English for the rest of us mun.
 
lads i swear every time the Prof posts i feel like i accidentally clicked into an online lecture . i get the idea, like “goals in football follow some fancy curve so certain scores are more likely than others,” that part makes sense, but by the time we’re into expected goals and weighting for fixture congestion my brain has tapped out and is already building a 7 team acca in the background

i’ve tried the “be smart” route, looking at xG and all that, and then i’ll still stick an extra tenner on 3–2 because i’ve got a feeling and i like the price, so clearly the problem is not the maths it’s the gobshite using it

maybe Poisson is undervalued because half of us degenerates cannot even spell it properly never mind code it into a model

if you ever make a “for idiots” version that just says “this game is secretly way more 0–0 than the market thinks” i’ll happily use it, until then i’m stuck living in the world of vibes and late goals ruining my life
 
I respect Poisson modelling. It is mathematically sound and aligns with how low-scoring sports behave. However, I care about one question above all: does it improve results relative to a simpler approach.

I tested a basic Poisson model against my existing correct score system for two full seasons. Same leagues, same stakes, everything logged. The model did not beat my method in terms of ROI. Variance pattern changed, edge did not. My conclusion was not “Poisson is useless.” My conclusion was “for my purposes, the extra complexity did not justify the additional work.”

If someone enjoys coding, data collection and constant tweaking, then yes, it can be a powerful tool. If someone already has a profitable, disciplined system built on simpler metrics, they should be careful about chasing sophistication for its own sake.
 
My issue isn’t with Poisson. My issue is with the cult that grows around whatever the current model buzzword is. Ten years ago it was “this guy has spreadsheets.” Now it’s “this guy has a Poisson-xG model.” Next it will be something else with a Greek letter. The pattern is always the same: people confuse owning a model with owning an edge.

The Prof has done the work. Years of data, careful adjustments, probably multiple iterations. That’s how you earn an edge. The guy who downloads a template off a forum and runs last weekend’s scores through it is not suddenly a sharp.

Poisson is a great way to structure probabilities, especially for correct score and totals. But if everyone uses the same public xG feeds, the same standard formulas and the same obvious leagues, the value gets competed away fast. Where it might still be undervalued is in smaller markets and in the hands of people who actually understand where the model breaks.

So yeah, I respect it. I also think a lot of people are just cosplaying as quants while still hammering the same lopsided favourites the public loves. A model doesn’t save you from bad thinking. It just gives you better-looking graphs while you lose.
 
From the sidelines, I can tell you the ball absolutely does not care about your model when a full-back falls asleep at the back post. That said, what Poisson and xG modelling does very well is strip away the noise of single matches and force you to think in distributions instead of “they should win.” As a coach, I like anyone who gets away from binary thinking.

Where I do hesitate is when people treat a Poisson output like a scouting report. The model does not know that a new manager has changed the pressing triggers. It does not know the centre-back is carrying a knock and will be an extra yard slow against a pacey forward. It only knows the numbers you feed it.

If you use it as one layer, it’s fantastic. It tells you “this team’s attack is generating better chances over time than the market seems to think.” Then you go to the film, confirm whether the structure matches the numbers, and decide if the price is wrong.

If you skip the context and just bet whatever scoreline your lambda spits out, you are doing the football equivalent of coaching from a spreadsheet. It might work for a while, but the game will eventually show you where you’ve been blind.
 
One appreciates that not everyone wishes to wallow in the finer points of probability theory and I am quite content for most punters to continue backing 3–2 on a hunch because their favourite striker “is due” as that is precisely the liquidity which allows those of us who have taken the time to model these things properly to obtain our prices, however since several of you have asked for a less forbidding explanation I shall attempt a brief one, the essence of the matter is that instead of thinking of a football match as “home win, draw or away win” one thinks in terms of “how many goals are each side likely to score on average given their attacking and defensive strengths” and once one has an expected goals figure for each side the Poisson distribution provides a mathematically consistent way to turn those averages into a full set of probabilities for 0–0, 1–0, 0–1, 2–1 and so on, one then compares those implied probabilities to the odds on offer for each correct score, BTTS and total goals market, if the bookmaker is effectively saying “this match is 12 percent to finish 2–0” and my model says it is 18 percent then that is a bet, Margaret used to joke that all I was really doing was turning football into a glorified version of the old coupon she grew up with in the eighties, but the point is that one does not need to understand every symbol in the equations to benefit from the framework, one simply needs to grasp that goals have patterns and that those patterns can be exploited by anyone willing to view the game probabilistically rather than romantically.
 
see that last bit actually helped

“if book says 12% and i think 18% that’s a bet” is way easier to digest than the earlier stuff

still probably going to back 3–3 when i’m bored but at least now i know there’s a universe where my brain does more than shout “goals lads”
 
I respect Poisson modelling. It is mathematically sound and aligns with how low-scoring sports behave. However, I care about one question above all: does it improve results relative to a simpler approach.

I tested a basic Poisson model against my existing correct score system for two full seasons. Same leagues, same stakes, everything logged. The model did not beat my method in terms of ROI. Variance pattern changed, edge did not. My conclusion was not “Poisson is useless.” My conclusion was “for my purposes, the extra complexity did not justify the additional work.”

If someone enjoys coding, data collection and constant tweaking, then yes, it can be a powerful tool. If someone already has a profitable, disciplined system built on simpler metrics, they should be careful about chasing sophistication for its own sake.
I get your point about simplicity working, and if your correct score system is already profitable there is no law that says you must bolt a Poisson model on top just to look clever. But I would be careful about assuming the extra complexity adds nothing just because a first test did not blow your existing method away. Sometimes the value of a model is not higher ROI, but lower variance or a clearer view of when your edge is actually gone.

Where I have found Poisson genuinely useful is not as a full replacement, but as a check. If my subjective read says “this is a solid 1–0 or 2–0 type game” and the Poisson distribution built from decent xG data says the same, that is a lot more reassuring than going in with gut feel alone. When they disagree, it forces me to ask why.

The underrating here is not that Poisson is unknown. It is that a lot of people treat it as an all-or-nothing religion instead of a very powerful cross-check on whatever else they are doing.
 
I get your point about simplicity working, and if your correct score system is already profitable there is no law that says you must bolt a Poisson model on top just to look clever. But I would be careful about assuming the extra complexity adds nothing just because a first test did not blow your existing method away. Sometimes the value of a model is not higher ROI, but lower variance or a clearer view of when your edge is actually gone.

Where I have found Poisson genuinely useful is not as a full replacement, but as a check. If my subjective read says “this is a solid 1–0 or 2–0 type game” and the Poisson distribution built from decent xG data says the same, that is a lot more reassuring than going in with gut feel alone. When they disagree, it forces me to ask why.

The underrating here is not that Poisson is unknown. It is that a lot of people treat it as an all-or-nothing religion instead of a very powerful cross-check on whatever else they are doing.
Fair point. I did keep a stripped-down version as a sanity check after the trial. When my system and the Poisson-derived probabilities diverge heavily I investigate.

My objection is to bettors abandoning discipline to chase complexity. If Poisson helps someone become more systematic, good. If it becomes another excuse to overfit and tinker constantly, it is a liability.

For my style, boring and consistent beats clever and inconsistent.
 
And that’s where I think the Prof actually has an edge: he’s boring and clever at the same time. Most people pick one. Either they grind a simple edge without really understanding the theory, or they drown in theory and never get to the part where they risk money.

Poisson distribution, xG, all that stuff – it is absolutely an undervalued tool in football betting, but only if you pair it with the kind of discipline Grinder keeps shouting about. Without that, it’s just a fancy way to convince yourself your Saturday acca is “plus EV lads.”

If you’re not prepared to track it over hundreds of bets, your Poisson model is just another story. The market does not pay out on stories.
 
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