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Chelsea vs Everton in FA Cup Final: Betting odds and Betfair charts
Sports Betting - Football Betting
Friday, 29 May 2009 06:47

Jimmakos FA Cup 2009Can Chelsea win Everton in the FA Cup Final and justify the favorite football betting odds? The Betfair charts are in favor of Chelsea as well and FA Cup seems to be going to their side. The Betfair bettor though has also got other football betting opportunities in Betfair, while the competent football arbitrageur may find sure bets in the Betfair betting markets. We should not forget the Betfair trader though, who is able to trade in-play during the FA Cup Final and make money by trading the football betting odds.

Chelsea's betting odds are in favor of them (1.75), while Everton's ones seem to have climbed a bit high (6.00). According to Oddschecker.com, Betfair's odds are quite generous in comparison with other bookmakers, especially regarding Everton team.

Odds Comparison FA Cup Final

Soccer Mystic - Betfair trading software

On the other hand, it is certainly interesting to look at the Betfair charts in the match odds betting market. Chelsea's odds have begun trading at 1.90 a couple days ago and they have shortened to 1.75 since then. Everton's odds additionally have drifted from 5.00 to 6.00 and these odds movements show that the football betting crowd favors Chelsea over Everton. At least they believe there was value backing Chelsea over 1.80 and laying Everton below 5.50.

Chelsea Odds FA Cup 2009Everton Odds Betfair Chart FA Cup 2009

Concerning sports arbitrage and sure bets, there is an eye-catching combination of two football betting markets within Betfair that needs our attention. At first we check out the FA Cup Winner 2008/09 market where Chelsea is the favorite team once again for the title at 1.43 betting odds.

FA Cup winner 2009 Odds

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If we now visit the football betting market titled "Chelsea v Everton - Method of Victory", we come up with the following betting odds.

Chelsea Everton FA Cup 2009 Method of Victory

Soccer Mystic - Betfair trading software

While of course it is apparent that the liquidity is very low at the specific betting market, it is a fine example how we can combine betting markets within Betfair. Let's say we back 6.5£ Chelsea 90 minutes at 1.75, 1£ at 10.5 Chelsea Extra Time and 1£ at 11.5 Chelsea Penalties. We have in other words risked 8.5£ at average odds of about 11.0 that Chelsea will win the FA Cup Final. If we divide 11.0 by 8.5 the result (1.34) is the odds per £ we have been given for our bet. Compared to FA Cup Winner betting market, it is much more favorable to back Chelsea in that market than here.

However, if 1.75, 10.5 and 11.5 were the available laying odds (that is they were inside the purple boxes), then we could lay Chelsea to win the FA Cup at 1.34 and back them at 1.43 guaranteeing a sure bet within the betting exchange. Although that is not possible at this time and the liquidity of the market is very low, I think it is a good example that arbitraging may be done between Betfair markets given there are the necessary ifs and ands.

If you fancy either team to win in the forthcoming FA Cup Final and are going to bet or trade, I wish you best of luck.

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Who is Jimmakos

Jimmakos.comMy name is Jimmakos and I am a professional gambler since 2003. I played at the casinos' blackjack tables for a year and during the following 2.5 years I have been a Betfair trader trading the odds in the UK Horse Racing markets. Nowadays I'm playing online poker. Apart from online gambling, I also write about online poker and trading for the Betfair's Greek Blog and own various websites.

 

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