Hi
I have recently become interested in sports betting after becoming pretty disillusioned with poker. For my first venture right now I think I've identified a local book that is pricing up 1st quarter markets wrong in the NBA. I'm pretty new with excel and my question is this
Lets say I have team A to score 25.9901 points in the 1st quarter
I have team B to score 22.9901 points in the first quarter
This is for a +3/-3 spread and a 48.98 expected total points in the quarter. How can i play this event out thousands of times to get the standard deviation for these variables?
Thanks. Any help welcomed greatly.
I have recently become interested in sports betting after becoming pretty disillusioned with poker. For my first venture right now I think I've identified a local book that is pricing up 1st quarter markets wrong in the NBA. I'm pretty new with excel and my question is this
Lets say I have team A to score 25.9901 points in the 1st quarter
I have team B to score 22.9901 points in the first quarter
This is for a +3/-3 spread and a 48.98 expected total points in the quarter. How can i play this event out thousands of times to get the standard deviation for these variables?
Thanks. Any help welcomed greatly.