1. 04-05-11 02:06 PM #1
    stevenash
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    Money line calculation question

    If team 'a' has a 61 percent chance of winning a baseball game, what would be the correct money line, and what is the formula to calculate that?
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  2. 04-05-11 02:35 PM #2
    mebaran
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    In Excel:

    =IF(T14>0.5,-(T14/(1-T14))*100,-(-((1-T14)/(T14))*100))

    (T14 is the cell where you have your W%)

    Your example:
    =IF(.61>.5,-(.61/(1-.61))*100,-(-((1-.61)/(.61))*100))
    Last edited by mebaran; 04-05-11 at 03:28 PM.
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  3. 04-05-11 03:32 PM #3
    CrimsonQueen
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    There's an odds converter here on SBR in the Tools section. It won't give you the formulas but at least you can convert any ML/%/decimal odds/ etc...
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  4. 04-05-11 07:04 PM #4
    LT Profits
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    61/(100-61) = 61/39 = -156 No Vig Line
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