Thursday 10 February 2022

Wine in Decline

At the time of writing**, the upcoming Brentford v Crystal Palace game looks like it may be a member of the exclusive sub-3 club, with the Draw currently priced by Pinnacle at 2.99. 


The book is currently at an overround of 104.9% versus the season average of 102.4%, so there's a reasonable chance the price will yet move out, but should it go off at shorter than 3.0, it'll be only the 16th such occurrence in more than 3600 games during the Pinnacle era (2012-date). 

Four of these matches ended in a Draw, but only five matches were Over 2.5 goals so this is probably just the result of a small sample size, given that of matches going Under, 38.2% of the results are Draws. Overall, the percentage is 25.1%.

Of the 8201 matches since 2001 in the EPL, the Over / Under 2.5 goals split is remarkably close to 50/50, with the actual numbers 50.3% to 49.7%.

There was only one qualifier from the midweek matches, with Newcastle United v Everton a "Toss-Up" but unfortunately a loser. The ROI on "Toss-Ups" drops to 57% for the season and for "Close" to 34%. Backing the Draw blindly in all matches has an ROI of 8.5% as Draws look to hit their highest total in six seasons. 

There has been some publicity over the past few days about the number of NBA favourites covering the spread in recent days. Over the past weekend, the split was 13-1, and since then the record is 16-4-1 bot for the season as a whole, the percentage is just 50.7% so this appears to just be normal variance. 

The All-Star break is coming up next week, but if you took my advice from the end of January to be "backing Overs when the total is greater than 223" you're probably quite happy with a 23-14-1 record since. 

On a totally unrelated topic, I was reading a New York Times article about wine, and how millennials aren't consuming it in the same amount as boomers like myself, meaning the wine industry faces a problem as demand drops, but I thought this line was very funny:
As the father of two millennial sons, I am something of an expert on being unable to persuade millennials to do as I suggest.
Any parent can probably relate.

** Since starting this post, I now see the Brentford v Palace Draw has moved out to 3.08, and very close to being a "Toss-Up" selection. 

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