As shown by David Sumpter (is Professor of Applied Mathematics at the University of Uppsala, Sweden). in Soccermatics, the application of mathematics in soccer can help improve our understanding of how the game works and ultimately how to make more efficient betting decisions. From Elo ratings to regression analysis, a basic grasp of maths is essential if you want to make money from soccer betting...
Maths can be used to calculate whether you should place a bet or not (whether it has positive expected value) as well as how much you should stake per bet. The use of staking methods will help optimise your bankroll in soccer betting but maths can also help improve your chances of making a profit in other ways.
Double chance betting involves betting on multiple outcomes within the same match. While it might reduce the amount of profit you would make for simply betting on a team to win, it also provides you with a profit for another match outcome - either a draw or the opposition win. The use of data and application of mathematical principles can help bettors calculate their own probability (which should then be converted into odds to compare against bookmakers’) and produce expected outcomes.
