1. #1
    Salmon Steak
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    ML significance?

    Is there an online calculator that can tell me ML significance? Or a formula anyone knows about? Here are some NBA ML I was have been looking into this season. Yes, it is only 27 games. Thanks in advance.

    Line Bet To Win Win/Loss
    -300 300 100 100
    -1100 1100 100 100
    -350 350 100 100
    -180 180 100 -180
    -270 270 100 100
    -350 350 100 100
    -150 150 100 -150
    -160 160 100 -160
    -165 165 100 -165
    380 100 380 380
    -550 550 100 100
    -180 180 100 100
    -900 900 100 100
    -130 130 100 100
    -175 175 100 -175
    -208 208 100 100
    -230 230 100 -230
    -180 180 100 100
    -145 145 100 100
    -130 130 100 100
    -295 295 100 100
    -205 205 100 100
    145 100 145 -145
    380 100 380 380
    -325 325 100 -325
    300 100 300 300
    -145 145 100 100
    $7,223 $1,130

  2. #2
    LT Profits
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    Join Date: 10-27-06
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    Need to be more specific with your question. And you have a math error, the +145 loss should only be -100.

    Interestingly, if you had bet the four underdogs only, your bottom line would have been close to the same. But that is even tinier sampling.

  3. #3
    Salmon Steak
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    Quote Originally Posted by LT Profits View Post
    Need to be more specific with your question. And you have a math error, the +145 loss should only be -100.

    Interestingly, if you had bet the four underdogs only, your bottom line would have been close to the same. But that is even tinier sampling.

    Good catch LT. I will watch the underdog angle. I updated my spreadsheet. I have been following a hunch all season. The early season losses maybe the books having poor lines. Looking back at some of the lines, that is what it feels like anyway. I was just trying to find a way to show significance given the small sample number. Since all the odds are different, I was not sure how to do it. I guess I will just keep tracking.

    Line Bet To Win Win/Loss
    -300 300 100 100
    -1100 1100 100 100
    -350 350 100 100
    -180 180 100 -180
    -270 270 100 100
    -350 350 100 100
    -150 150 100 -150
    -160 160 100 -160
    -165 165 100 -165
    380 100 380 380
    -550 550 100 100
    -180 180 100 100
    -900 900 100 100
    -130 130 100 100
    -175 175 100 -175
    -208 208 100 100
    -230 230 100 -230
    -180 180 100 100
    -145 145 100 100
    -130 130 100 100
    -295 295 100 100
    -205 205 100 100
    145 100 145 -100
    380 100 380 380
    -325 325 100 -325
    300 100 300 300
    -145 145 100 100
    $7,223 $1,175

  4. #4
    statnerds
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    Join Date: 09-23-09
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    i'm with LT, still uncertain as to what you want to do. but if i am following it correctly, sounds like you want to follow ML and win. my suggestion here is it is much easier than you think, just change the way you are looking at it.

    follow those openers through maturity. now, if the nba market is efficient, you will see the closers generate less positive or even negative return compared to the opener. so your task is to learn the market, track the market, shop for the best number at multiple outs and beat the market to the closer. long term winning.

    gl

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