KANSAS MONEYLINE - Is it positive EV?

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  • Romanov
    SBR MVP
    • 10-08-10
    • 4137

    #1
    KANSAS MONEYLINE - Is it positive EV?
    At 5dimes:

    KU is +10000
    OU is -30000

    Those lines indicate the book thinks KU wins the game about 1% of the time and OU wins 99% of the time.

    With those payouts, out of 100 plays of the same game, betting a dollar each:

    KU wins 1/100 so 1(100) = $100
    OU wins 99/100 so 99(1) = $99

    So for betting 100 plays you are expected to win $1... 1/100 = .01 cents per play.

    1 cent is small but its rare to find +EV using simply the books expected win%
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