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How accurate are the Euro Qualifying odds?

The closing prices of 239 finished games since Thu 23 Mar 2023, set against what happened: the chance the market gave, with the bookmakers' margin removed, next to how often it came in. A record of what the market did, not a tip.

The market's record

239 games, 2 bookmakers
  • Closing favourite won 68% 163 of 239 games
  • Market Brier score 0.418 0 is perfect; a coin flip scores 0.667
  • Average closing payout 94.5% 100% minus the bookmakers' margin
  • Games covered 239 Thu 23 Mar 2023 to Tue 26 Mar 2024

Market chance against what happened

0-10% chance: happened 0.7% of 141 selections 10-20% chance: happened 13.7% of 131 selections 20-30% chance: happened 24.3% of 152 selections 30-40% chance: happened 34.6% of 81 selections 40-50% chance: happened 55.0% of 40 selections 50-60% chance: happened 50.0% of 34 selections 60-70% chance: happened 66.7% of 39 selections 70-80% chance: happened 82.1% of 39 selections 80-90% chance: happened 94.1% of 34 selections 100% 0%
Market said 0%100%
Happened
Market chancePriceSelectionsMarket saidHappenedDiff
0-10% 10.00 or longer 141 5.5% 0.7% -4.8 pts
10-20% 5.00 to 10.00 131 15.0% 13.7% -1.3 pts
20-30% 3.33 to 5.00 152 25.8% 24.3% -1.5 pts
30-40% 2.50 to 3.33 81 33.9% 34.6% +0.7 pts
40-50% 2.00 to 2.50 40 45.0% 55.0% +10.0 pts
50-60% 1.67 to 2.00 34 55.1% 50.0% -5.1 pts
60-70% 1.43 to 1.67 39 65.8% 66.7% +0.9 pts
70-80% 1.25 to 1.43 39 75.9% 82.1% +6.2 pts
80-90% 1.11 to 1.25 34 85.3% 94.1% +8.8 pts

Every priced outcome of every game is one selection. "Market said" is the bookmakers' average implied probability with the margin removed; "Happened" is how often that outcome came in. On the diagonal the market was right on average; above it, that kind of result happened more often than the prices said. Bands with fewer than 30 selections are left out.

Home, draw and away

OutcomeMarket saidHappenedDiff
Home win 45.1% 46.4% +1.3 pts
Draw 20.4% 18.8% -1.6 pts
Away win 34.5% 34.7% +0.2 pts

The market's average closing chance for each outcome over all 239 games against the share of games it won, settled on the regular-time score. "Home" is the first-named side.

Bookmaker accuracy

lower is better
BookmakerGamesBrier scorevs market averagePayout
Unibet 221 0.407 0.000 94.1%
Bet365 228 0.423 +0.002 94.8%

Each bookmaker's own closing prices, margin removed, scored against the results of the games it priced; "vs market average" compares it with the bookmakers' average on the same games, so a negative figure means its prices were the closer. Bookmakers with fewer than 50 priced games are left out. Differences of a few thousandths are noise; a much higher score usually means the bookmaker's last price was captured well before the start, so it is the price in our archive being scored, not the trader.

Odds accuracy FAQ

How accurate are Euro Qualifying odds?
Across 239 finished Euro Qualifying games since 2023, the closing favourite won 68% of the time. The market's closing chance, with the bookmakers' margin removed, gave the home side 45.1% on average and home wins happened 46.4% of the time. The bands above show the same comparison price by price: a well-calibrated market has outcomes happening about as often as its prices say.
What is a Brier score?
The squared distance between the chances a bookmaker's prices gave and what happened, averaged over games: 0 would be perfect foresight, and on a three-way market a coin-flip price scores 0.667. The market average's closing prices score 0.418 in this league; the lowest single bookmaker is Unibet at 0.407. Differences of a few thousandths between bookmakers are noise, not skill.
Does a well-calibrated market mean the odds cannot be beaten?
Calibration says the market is right on average, not on every game. A band where outcomes happened more often than the prices said is where the closing market under-priced that kind of result over these seasons, which is often the draw or the outsider. The bookmaker's margin, about 5.5% here, still has to be cleared: the closing line value calculator shows what a price needs to beat.

See the league's fixtures, results and the favourites' recent record on the Euro Qualifying page, every game behind these figures in the Euro Qualifying results and closing odds by season, or work out a price's implied chance and closing line value with the betting calculators.