By David Butler
The UEFA Europa Cup final took place last night, going all the way to penalties. This is not too surprising, given that the final was so well balanced this year. In fact, I don't think I have seen a final quite like this one when it comes to outcome uncertainty.
The night before the final, all three outcomes for the 90-minute match market were priced at 9/5 on the betting markets. When it came to the outright winner market, both teams were priced at 10/11.
While the market odds naturally shifted as goals went in, by the time the full-time whistle was blown, the bookies were now offering an equal price for both a Sevilla and Roma win as the match entered extra time (4/1), with the draw as the obvious favorite. When we finally reached penalties, the betting markets implied that each team had an equal chance. Both teams were 5/6 to lift the Cup after 120 minutes of football.
If one was looking for an example of peak levels of outcome uncertainty throughout a high-stakes football match, look no further!
The UEFA Europa Cup final took place last night, going all the way to penalties. This is not too surprising, given that the final was so well balanced this year. In fact, I don't think I have seen a final quite like this one when it comes to outcome uncertainty.
The night before the final, all three outcomes for the 90-minute match market were priced at 9/5 on the betting markets. When it came to the outright winner market, both teams were priced at 10/11.
While the market odds naturally shifted as goals went in, by the time the full-time whistle was blown, the bookies were now offering an equal price for both a Sevilla and Roma win as the match entered extra time (4/1), with the draw as the obvious favorite. When we finally reached penalties, the betting markets implied that each team had an equal chance. Both teams were 5/6 to lift the Cup after 120 minutes of football.
If one was looking for an example of peak levels of outcome uncertainty throughout a high-stakes football match, look no further!
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