⚽ BetAnalytics Football Odds Analysis

Scottish Premiership Odds vs Actual Results

Do bookmaker odds match reality? We removed the bookmaker margin from Bet365 pre-match 1X2 odds in 2,499 Scottish Premiership matches (August 2015 – September 2026) and compared implied probability with how often each outcome really happened.

Key findings

  • Across all probability bands with at least 30 matches, implied and actual frequencies differ by 1.4 percentage points on average. Bookmaker probabilities are close to reality.
  • Largest gap in a band with 50+ matches: draw at 30–40% implied (106 matches): implied 30.8%, actual 23.6% (-7.2 points).
  • Draws: implied 24.4% on average, actual 23.9%.

Differences inside a single band can be pure chance, especially with fewer than a few hundred matches. Read the table as a pattern, not as a list of exceptions.

Calibration chart

0%0%20%20%40%40%60%60%80%80%100%100%Implied probability (margin removed)Actual frequency

Each dot is a 10-point probability band (blue = home win, gold = draw, red = away win). Dot size reflects matches. A perfectly calibrated market lies on the dashed diagonal. Bands with fewer than 30 matches are hidden.

Detailed tables

Home win

Implied probabilityMatchesAvg impliedActualDifference
0–10%1237.9%8.1%+0.2 pts
10–20%23514.8%14.0%-0.8 pts
20–30%27525.6%26.2%+0.6 pts
30–40%55435.7%35.6%-0.1 pts
40–50%50844.9%43.5%-1.4 pts
50–60%33054.3%59.1%+4.7 pts
60–70%17564.2%64.0%-0.2 pts
70–80%16075.2%81.2%+6.1 pts
80–90%13883.1%87.0%+3.8 pts

Draw

Implied probabilityMatchesAvg impliedActualDifference
10–20%51415.6%15.0%-0.6 pts
20–30%185426.7%26.6%-0.0 pts
30–40%10630.8%23.6%-7.2 pts

Away win

Implied probabilityMatchesAvg impliedActualDifference
0–10%2676.8%3.0%-3.8 pts
10–20%37315.6%13.7%-2.0 pts
20–30%60425.3%25.8%+0.6 pts
30–40%57634.8%36.5%+1.7 pts
40–50%24644.5%40.7%-3.9 pts
50–60%15054.8%56.0%+1.2 pts
60–70%12265.1%63.1%-2.0 pts
70–80%14074.6%77.1%+2.5 pts

Method

For each match we take Bet365 pre-match decimal odds for home, draw and away and convert them to probabilities (1 / odds). Because bookmakers build in a margin, the three probabilities add to more than 100%, so we divide each by their sum (proportional margin removal; see our no-vig calculator). Matches are then grouped into 10-point bands of implied probability, and we count how often that outcome actually occurred.

See also Scottish Premiership results and goals by season. Updated 03 October 2026.

More league statistics