Originally Posted by
LT Profits
The question was how to calculate Reverse Odds when the odds are other than -110.
AC,
A REVERSE is simply 2 IF bets back and forth. So if you have 2 even money shots:
1000 wins 4000 both win (Team A IF Team B +2000, B IF A +2000)
1000 loses 1000 one wins (assuming Team A is the winner, Team A IF Team B EVEN, B IF A -1000 - works same if B is the lone winner)
1000 loses 2000 both lose (Team A IF Team B -1000, B IF A -1000)
Now let us say that Team A is -120 and Team B is +165:
1000 wins 5300 both win (Team A IF Team B +2650, B IF A +2650)
1000 loses 1000 if A wins and B loses (A IF B EVEN, B IF A -1000)
1000 loses 750 if A loses and B wins (A IF B -1200, B IF A +450)
1000 loses 2200 if both lose (A IF B -1200, B IF A -1000)
I hope that makes sense.