We all know that Apoel Nicosia defies all odds and statistics, but having some insider understanding of statistics can really help on betting. Although betting is still seem as a non illegitimate investment for portfolio management (mainly because hard to insure or hedge for the losses).
However more and more data is becoming even freely available, and significant data is behind paid walls. Deloitte has a great annual summary, but now SAP is showcasing its powerful analytic tools.
Based on the results I would bet Manchester city to win and 70% possession. Still no hedging but i am sure the next on-line betting sensation will be a insurance to betting losses.