Originally posted by Isaac Clarke
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Pacquiao opens up as a 14-1 favorite
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Originally posted by johnm is... View PostAbsolutely.
Let's do it this way.
-1000/+600
$1000 to win $100 ($1100 total). 1000/1100 = 90%
$100 to win $600 ($700 total). 100/700 = 14.2%
104.2%. 4.2% book advantage.
Divide probability by overall %.
90%/104.2% = 86.4%
14.2%/104.2% = 13.6%
86.4% + 13.6% = 100%
Convert to moneyline.
86.4% = -635
13.6 = +635
No vig line is -635/+635.
Obviously a lot more to it than just finding a site and using those odds, though. Because odds on these things are all over the place, depending on the book.
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