Euro Basketball analysis by league and overlay

182129378Similar to the European Ice Hockey analysis that was done yesterday, it was probably a good idea to have a look at the European Basketball. So today we will look at line betting and totals betting, both of which have pulled in big profits.

Firstly line or handicap betting. As shown by the table below, Croatia, England and France Pro B seem to be the worst performing leagues although considering the small sample size, there isn’t much that one can read into this apart from random variation. Interestingly, both Austria and Germany, very similar countries, are both performing the best.

League#Bets#Wins%Wins$Bet$Profit%ROI
Argentina - Liga Nacional de Bá864856% $15,143.73 $2,084.54 14%
Australia - NBL5360% $1,494.08 $328.4722%
Austria - Bundesliga1418057% $29,053.34 $7,430.82 26%
Belgium - Ligue Ethias502142% $12,480.29 $(61.31)0%
Bulgaria - NBL824454% $18,042.03 $2,746.03 15%
Croatia - A1 Liga682740% $14,126.30 $(3,430.57)-24%
Czech Republic - NBL1476645% $21,366.18 $23.170%
Denmark - Basketligaen1306348% $27,726.44 $655.272%
England - British Basketball Le934852% $16,209.55 $(2,172.67)-13%
Finland - Korisliiga1568353% $23,942.54 $2,090.71 9%
France - LfB00$-$-
France - LNB Pro A24312752% $36,537.59 $1,965.70 5%
France - LNB Pro B27413047% $68,626.99 $(2,273.91)-3%
Germany - Basketball Bundesliga27615355% $46,827.21 $6,609.76 14%
Greece - A1 Ethniki1367152% $19,346.98 $1,246.65 6%
Israel - Ligat Haal824859% $12,107.93 $2,364.84 20%
Italy - Lega A Basket23711549% $40,083.38 $878.662%
Italy - LegA Basket Femminile00$-$-
Italy - LegADue1195546% $20,567.45 $1,638.69 8%
Netherlands - Dutch Basketball231357% $5,017.08 $1,557.33 31%
Norway - BLNO00$-$-
Poland - Ekstraliga1658250% $34,592.79 $(139.17)0%
Russia - PBL693652% $14,989.21 $1,533.93 10%
Serbia - Košarkaška Liga1287155% $28,433.39 $1,644.41 6%
Slovenia - Liga Telemach261038% $4,580.26 $(407.41)-9%
Spain - ACB29014650% $48,506.58 $(449.24)-1%
Sweden - Ligan1316348% $24,522.90 $(872.98)-4%
Switzerland - LNA1005454% $30,556.46 $1,399.15 5%
Turkey - Turkiye Basketbol Ligl1649256% $22,768.52 $1,816.91 8%
Ukraine - Superleague1869149% $41,744.91 $(305.98)-1%
United States - NBA00$-$-
United States - Women NBA1719556% $36,215.09 $4,057.56 11%

When looking at the minimum overlay, it would seem that a minimum of 20% is required to make the maximum profit at this stage of analysis as shown by the table below

Min.Overlay#Bets#Wins%Wins$Bet$Profit%ROI
0.050.199048849% $77,440.18 $(1,641.37)-2%
0.10.1573737250% $95,271.60 $1,161.36 1%
0.150.256926947% $102,827.21 $(6,874.78)-7%
0.20.2542724557% $100,203.18 $13,716.41 14%
0.250.3543323153% $132,841.25 $7,006.39 5%
0.350.524714057% $106,882.28 $13,268.09 12%
0.50.75703956% $41,456.54 $5,534.83 13%
0.7543133% $2,665.24 $(783.02)-29%
1500$-$-
34761785 $659,587.48 $31,387.91 4.8%

Going onto totals, the results are truly fantastic, with really only Turkey, Ukraine and Russia showing negative results. Interesting once again that these three leagues are all in Eastern Europe. Either my model is not handling Eastern European basketball that well, or perhaps there is more seedy behind closed doors deals going on! More than likely however it is just due to a small sample size and random variation, and therefore there is no reason why one would not bet these leagues.

League#Bets#Wins%Wins$Bet$Profit%ROI
Argentina - Liga Nacional de Bá1045654% $23,235.03 $1,583.46 7%
Australia - NBL6467% $1,275.05 $519.3841%
Austria - Bundesliga1628754% $30,002.40 $1,213.91 4%
Belgium - Ligue Ethias382566% $6,115.87 $1,748.63 29%
Bulgaria - NBL713955% $10,770.30 $1,923.08 18%
Croatia - A1 Liga653554% $16,255.33 $1,336.67 8%
Czech Republic - NBL1799050% $30,885.39 $738.642%
Denmark - Basketligaen1226452% $23,772.95 $668.343%
England - British Basketball Le1106256% $22,430.75 $3,935.73 18%
Finland - Korisliiga18310155% $31,734.64 $2,527.08 8%
France - LfB4125% $1,439.19 $199.2014%
France - LNB Pro A29015453% $49,487.17 $267.061%
France - LNB Pro B30515952% $102,644.93 $5,835.13 6%
Germany - Basketball Bundesliga28414852% $47,029.91 $1,027.82 2%
Greece - A1 Ethniki1417956% $19,185.25 $3,940.41 21%
Israel - Ligat Haal925459% $17,696.31 $1,684.45 10%
Italy - Lega A Basket26614053% $47,104.03 $3,379.21 7%
Italy - LegA Basket Femminile55100%$906.96$860.6895%
Italy - LegADue1348060% $25,229.48 $5,683.90 23%
Netherlands - Dutch Basketball22941% $3,182.13 $(458.24)-14%
Norway - BLNO2150%$369.44$(53.96)-15%
Poland - Ekstraliga1658149% $27,533.27 $909.373%
Russia - PBL713346% $15,172.45 $(1,342.43)-9%
Serbia - Košarkaška Liga1105853% $17,105.39 $906.205%
Slovenia - Liga Telemach402255% $9,157.10 $942.6010%
Spain - ACB26914454% $40,577.51 $4,649.22 11%
Sweden - Ligan1709858% $31,736.90 $6,025.00 19%
Switzerland - LNA1015352% $28,358.53 $1,383.35 5%
Turkey - Turkiye Basketbol Ligl1959750% $36,827.33 $(2,179.15)-6%
Ukraine - Superleague1516946% $22,191.08 $(1,098.55)-5%
United States - NBA4375%$792.04$402.3051%
United States - Women NBA1618553% $33,231.40 $849.693%

It also seems that a minimum overlay of 5% is sufficient with higher overlays producing higher profits. This is in line with what a good model should produce.

Min.Overlay#Bets#Wins%Wins$Bet$Profit%ROI
0.050.1100952552% $77,925.13 $1,937.02 2%
0.10.1582143052% $106,248.18 $4,178.79 4%
0.150.262232051% $112,986.30 $2,041.58 2%
0.20.2544123353% $103,376.43 $3,927.46 4%
0.250.3546225255% $141,770.12 $11,141.37 8%
0.350.524213054% $103,609.68 $7,488.12 7%
0.50.75824859% $50,411.99 $10,050.52 20%
0.75413862% $11,035.68 $2,280.57 21%
1500$-$-
36921946 $707,363.51 $43,045.43 6.1%

The predictions for European Basketball are available free online and are updated every day. Check this webpage for more information: http://www.sportpunter.com/sports/basketball/euro/

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