This gets me wondering of the effects of a club history when predicting a match?
If you meant about the history of club in the previous games. It can be used as a data to determine their result in the future.
Does history of a club really matter in prediction?
Yes, it does. It likes a club that is consistently winning in their recent games obviously have greater chance to win because they're at top form.
Does it form or affect your decision in any way?
Yeah, it does. The best example is top clubs. Many of top clubs such as Arsenal, PSG or Bayer are consistently winning at domestic league. So it makes sense to always bet on them when it comes to the domestic games.