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Home Field Advantage in the Premiership
by Pinnacle Sportsbook
One look at last season's English Premier League table will tell
you that home teams scored more goals than visiting teams; 552 versus
349. In fact, ever since the English Football Association
formed the first ever football league in 1888, it has always
been that way. QED - home teams enjoy a natural advantage over
away teams.
This might be stating the obvious, but many bettors fail to
understand the importance of Home Field Advantage (HFA). At
Pinnacle Sports we use HFA as the basis for much of our odds
setting on football. The key to remember is that when a
bookmaker sets a line, they are not necessarily trying to
predict who will win the game, but rather find the point where
they can generate balanced action. The challenge that bettors
face is to be more accurate than the bookmaker in estimating the
strength of HFA and play to win.
In American Football, there is a 3 point standard value for HFA,
based on historical data on home points scored versus away
points scored. This figure naturally masks deviations based on
team and seasonality, so in pricing future games, odds makers
will use the standard 3-point HFA as a guide, but adjust it for
game specific factors.
The NFL lends itself easily to HFA measurements because given
the ‘closed' status of the league (absence of relegation) and
draft system, there is a fairly level playing field. Such
notions do not apply to English football, so despite over a
century of raw data, you can be forgiven for not knowing the
standard HFA for the English top flight, as no accepted figure
exists. This presents opportunities for astute players.
The main reason for this is the level of polarization that the
open league system (based on promotion & relegation) has
created. This is particularly important since the start of the
Premier League in 1992, when the financial rewards of success
have dramatically increased the gap between the haves and have
not's.
The Premier League is currently contested by twenty clubs but
there have been a total of forty clubs that have played in the
top flight since its inception in 1992. However, only seven
teams have contested all 15 seasons. Looking at the HFA figures
for those sides should provide meaningfully consistent data.
The stats are freely available, and by copying the required data
into an Excel spreadsheet, it's a fairly simple task to arrive
at a basic figure for HFA using the following calculation:
HFA = (Home Goals For - Home Goals Against)
Home Games Played
For example, in the 2006/07 season, Manchester United's HFA
would calculate as follows; 46 (goals for) minus 12 (goals
against) for a goal difference of 34 divided by 19 games played
at Old Trafford = 34/19 = 1.79
The table below gives the HFA advantage for the seven
ever-present Premier League teams:
|
HFA |
Liverpool |
Man Utd |
Spurs |
Arsenal |
A.Villa |
Chelsea |
Everton |
|
15yr |
1.09 |
1.49 |
0.4 |
1.17 |
0.41 |
1 |
0.28 |
|
3yr |
1.26 |
1.46 |
0.75 |
1.74 |
0.26 |
1.67 |
0.46 |
|
1yr |
1.68 |
1.79 |
0.63 |
1.42 |
0.32 |
1.37 |
0.84 |
|
Current |
3 |
0.67 |
1 |
1.33 |
0.67 |
1 |
0.5 |
Taken as of September 2nd, 2007. Bettors
should update thereafter.
The theory behind HFA is to find value for example by either
backing the home team when the Asian handicap is less than their
HFA, or betting the visiting team when the Asian handicap
exceeds the HFA.
Dedicated players may seek to find an even greater edge by
refining their calculations to see what influence any number of
factors might have on HFA for a particular team, division or
domestic league. They might apply a filter so that only home
games during a specific period are considered such as over the
festive season, or against teams with a higher/lower league
position, or teams newly promoted to the Premiership etc. etc.
The possibilities are endless.
It is with these various refinements in subjective areas that
astute players stay one step ahead of the bookmaker to reap
maximum returns. Additional known influences to consider
include:
Referees & Home Crowds
Harvard research assistant, Ryan Boyko studied 5,000 Premiership
games from 1992 to 2006, to discern any officiating bias and the
influence of home crowds. The data suggested that for every
additional 10,000 people attending, home team advantage
increased by 0.1 goals. Additionally, his study proved what many
football fans already suspect, that home teams are likely to
receive more penalties, but crucially, this is more likely with
inexperienced referees. So building referee profiles can clearly
be a very telling refinement for HFA figures.
Seasonality & Games of Special Significance
HFA is anecdotally shown to increase for important games,
including local Derbies, which logically attract high
attendances and increased fervour. Look for anything that might
raise the level of intensity such as emotive local stories,
important club anniversaries or memorials for
players/managers/significant events.
Breaking News & Injuries
Paying attention to team news is critically important. This
process should continue right up until kick-off, with a
surprising number of players injured during warm-up.
Recent Form
Confidence breeds success, so it is advisable to build in a
value for recent form, though it is open for debate as to what
constitutes a significant winning or losing run.
New Stadiums
A degree of home field advantage is derived from familiarity.
That element is greatly devalued when home teams are playing in
a new stadium as Arsenal did last season at the Emirates
Stadium. Judging the 'bedding in' period is an important
judgement to make.
Further areas to consider would include:
Weather
Managerial Uncertainty
Analysing HFA in conjunction with lateral thinking can give
bettors an edge, but only in conjunction with low commission
betting, at sportsbooks such as Pinnacle Sports.
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