Bulgaria First League

Arda Kardzhali 1–1 Cherno More Varna

Final score · Half-time 0–0 · All of yesterday's results

Our backtest says that, with the sharp market making Arda Kardzhali the most likely outcome at 56% (fair odds 1.79), SBO offered 1.81, a gap of +1.1% above the fair price (Micro-edge). This was reconstructed on 26 September 2026, not recorded at the time. Recent form — Arda Kardzhali: LLWWW; Cherno More Varna: DLLWL.

After the whistle

Match stats

Match statsArda KardzhaliCherno More Varna
Possession %5446
Shots109
Shots on target35
Corners24
Yellow cards42
Red cards01

What the market said before kick-off

  • Arda Kardzhali win 51% did not happen
  • Draw 27% happened
  • Cherno More Varna win 21% did not happen

Pinnacle closing price with the margin removed, next to what happened. It is the market's view, not a tip: an outcome priced at 30% happens about 3 times in 10.

Referee: Georgi Kabakov, Bulgaria · Venue: Arena Arda, Kerdjali

Next matches

Line-ups, events and match stats: API-Football.

Starting line-ups

Arda Kardzhali 4-1-4-1

  1. A. Gospodinov GK
  2. V. Velev DF
  3. M. Paskalev DF
  4. Adama Ardile Traoré DF
  5. V. Popov DF
  6. L. Kotev MF
  7. D. Velkovski DF
  8. B. Karagaren FW
  9. S. Ivanov FW
  10. S. Kovachev FW
  11. P. Bachev FW

Regular starters not in the XI

  • Viktor Lyubenov — not in the starting XI (started 5 of the last 5)
  • Dominik Yankov — not in the starting XI (started 5 of the last 5)

Cherno More Varna 4-2-3-1

  1. D. Hristov GK
  2. E. Tombak DF
  3. Z. Atanasov DF
  4. V. Kerchev DF
  5. João Bandaró DF
  6. B. Beyhan MF
  7. I. Bounaas MF
  8. M. Barandas FW
  9. M. Achi MF
  10. A. Donchev FW
  11. G. Lazarov FW

Regular starters not in the XI

  • Luciano Squadrone — not in the starting XI (started 5 of the last 5)
  • David Teles — not in the starting XI (started 5 of the last 5)
  • Vasil Panayotov — not in the starting XI (started 5 of the last 5)
  • Kristian Tomov — not in the starting XI (started 4 of the last 5)
  • Celso Sidney — not in the starting XI (started 4 of the last 5)

Not in the XI does not mean injured: it can be rotation, a suspension or a knock. We only compare with the team's last 5 line-ups.

Pinnacle, margin removed (home / draw / away): 51 / 27 / 21% when the line-ups came out, 51 / 27 / 21% at kick-off. The price barely moved after the line-ups.

In the big leagues, line-up news is usually already in the price by the time it is official.

The most likely result is not the same as value: value is where a bookmaker pays more than the fair price, and the two can point to different outcomes.

Value opportunity before kick-off Micro-edge

1 Arda Kardzhali @ 1.81
Bookmaker SBO
Price observed
Rule would have fired (backtest) @ 1.81 (SBO) · backtest — reconstructed afterwards
Market 1X2 (match result)
Availability and exact price varied by country and over time.
Fair price 1.79
SBO 1.81
Confidence: High
Value-bet result Lost · 1 -1.00u

Market discrepancy: before kick-off, Arda Kardzhali (1) was priced at 1.81 by a soft bookmaker, above the fair price of 1.79 — a +1.1% gap. An observation about the price, not an instruction to bet.

The gap was smaller than 1.5% — likely to vanish in rounding, latency or line movement. We logged it for transparency, but it was not a strong signal.

A single result where a bookmaker pays above the fair price — separate from the main prediction below.

Most likely result

1/X Home or draw 80%

When no single result is likely enough, our pick covers the two most probable outcomes (double chance).

1X2
Sharp, recorded55%26%20%
Other estimates
Our model61%23%17%

Sharp, recorded = Pinnacle when we logged the match (it can be days old). Our model = our own estimate, which on average predicts worse than the market.

Fair odds of the pick (as recorded) 1.24
Sharp odds recorded for this prediction (Pinnacle) 1.76 / 3.53 / 4.57
Market Gap +1.1%
Confidence High
Model agreement Medium

Confidence reflects only the sharp probability of the selection: high from 50%, medium from 40%, low below. It says how likely the result is, not how big the price gap is. Model agreement shows how close our own model is to the sharp market on this selection — when it is Low, the market and our model disagree, so treat the flag with more caution.

Prediction result Won · X

Value lifecycle Settled

Would have been flagged (backtest) ·
1 Arda Kardzhali · soft 1.81 (SBO) · fair 1.79 · edge +1.1%
Opening sharp
1.76
At close
1.96 · CLV -7.4%
Result
Lost -1.00u Backtest

“Detected” is the moment the flag was first shown on the site and written to our ledger (recorded live since 26 September 2026). For earlier matches the flag was reconstructed afterwards from the prices we had stored, and the time shown is when the rule would have fired: a backtest, not a live record. When the gap closes, we say so instead of pretending the value is still there.

Match context

The last 5 head-to-head meetings we tracked split 1–3–1 (Arda Kardzhali wins – draws – Cherno More Varna wins).

Arda Kardzhali scored 1.8 and conceded 1.6 across their last 5 matches in our results database; Cherno More Varna scored 1.4 and conceded 2.2 in 5.

Since opening around 1.76, the sharp market price on Arda Kardzhali has drifted to 1.96 — the market has moved against this outcome.

These figures come from our own tracked results and odds snapshots for this fixture — not from a generic stats feed.

Market-relevant trends

Arda Kardzhali has lost its last 2 matches.
No value Already reflected in the fair price — no value on Arda Kardzhali here.

We show the trend and whether it is already in the price. Most sites show the streak and let you assume you should bet it.

Why this price?

Arda Kardzhali
L L W W W
avg 1.8 scored · 1.6 conceded (last 5)
Cherno More Varna
D L L W L
avg 1.4 scored · 2.2 conceded (last 5)
Recent head-to-head
25 May 2026 Cherno More Varna 2–3 Arda Kardzhali
03 May 2026 Arda Kardzhali 0–0 Cherno More Varna
04 Mar 2026 Cherno More Varna 0–0 Arda Kardzhali
22 Sep 2025 Arda Kardzhali 0–1 Cherno More Varna
18 May 2025 Arda Kardzhali 0–0 Cherno More Varna

Recent form and head-to-head from our settled results — context behind the fair price. The price itself comes from the sharp market, not from these alone.

Public, timestamped record

Logged before kick-off
Prediction record
Pick 1/X · Home or draw
Odds recorded for the prediction 1.17
Closing odds 1.22
Prediction CLV -3.4%
Result Won
Value-bet record

Backtest: reconstructed on 26 September 2026 by applying today’s rule to the prices stored before kick-off. It was not shown in this form at the time; its seal was created at the reconstruction, which for matches already played was after the match.

Value selection 1 · Arda Kardzhali
Odds when the rule would have fired (reconstructed) 1.81
Fair odds 1.79
Closing odds 1.96
Value CLV -7.4%
Profit (units) -1.00
Result Lost
Prediction hash — integrity fingerprint 375f3e521a5d8922

This hash fingerprints the prediction as recorded: teams, kick-off time, our model probabilities, the Pinnacle prices recorded for it (at logging or, if there were none, the first quoted after logging and before kick-off, which can be written in after the match) and the log time. A later edit to any of them would change it (a rescheduled kick-off changes it too). It does not cover closing prices, the result or the value-bet record above; value flags recorded live have their own seal in the public record. Verify in the public record →

Every day a snapshot of the full public record is published to a public Git repository and timestamped with OpenTimestamps. Timestamped snapshots are never overwritten and the Git history shows any difference, so a later change to a past row is visible by comparing two snapshots. The corrections file lists the corrections we announced. Verify on the public log →

Since 20 June 2026 the public record is snapshotted daily (07:40 Bucharest time: 04:40 UTC in summer time, 05:40 UTC in winter) to an external log. A prediction is externally timestamped before kick-off only if it was in a snapshot taken before the match; predictions logged on match day, or whose Pinnacle price was added after logging, first appear there after kick-off. Value flags have been recorded live only since 26 September 2026; earlier value flags were reconstructed on that date.

Methodology

The fair price comes from the sharp market itself: we strip the margin from Pinnacle-style odds — the most accurate public predictor in existence — and use our calibrated Elo + form model as a cross-check and as the fallback where no sharp price exists. Value is flagged only where a softer bookmaker prices a selection above that fair price, never on long shots (implied probability under 30%), and never beyond a plausible band. Most of the time there is no value — and we say so.

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