Newcastle Edge City For Title As Liverpool and Chelsea Relegated
Each summer the bookmakers let you back any team to win the Premier League and allocate extra points in a handicap system.
So for example, Manchester United were the favourites last August so you backed them with zero extra points to be added at the end of the season, while Norwich were the favourites to go down and so if you put money on them to win the handicap league then you got 45 points added to their eventual points total.
This then allows the bookies to let you back any club to win the points adjusted league, normally at around 16-1 for every club.
No wonder then that Alan Pardew got manager of the season as it is all too easy to forget how low the expectations were of the average Newcastle fan.
The list below has the points added (the handicap) in the first column and then in the second column it is the total of handicap points added to what each team actually got in the Premier League.
The above was how the Racing Post Handicap allocated the extra points and all bookmakers won’t have strayed very far, if at all, from the points totals each club started with.
If you bear in mind that of all people, the bookies are the least sentimental of all, so the points they were allocating were based on hard nosed analysis.
It is quite unbelievable to see Chelsea somehow win the Champions League when you see how far they fell below expectations in the league, the same with King Kenny’s (ex!) lot. Arsenal were another to fall well below what was expected, while Spurs and even Manchester United didn’t quite reach what they were forecast to do.
In fact only Manchester City of the ‘top’ clubs lived up to their billing.
Interesting to see as well that the bookies had the mackems rated as five points better than Newcastle last summer.
Click here to see the very best odds on who is going to win the 2012/13 Premier League and take advantage of Betfair’s free £25 bet by clicking below.
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