1. 05-28-11 04:06 PM #1
    SilentBob420BMFJ
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    Spread/ML converter

    http://www.sportsbookreview.com/betting-tool...-ml-converter/

    I don't get this converter. I know how to use it, but the results don't seem right. And what does the edge mean? House edge? Well, that can't be, because if you put in +100 and +170 for the ML, it comes out to be like 13%. Wouldn't it be negative? I dunno, somebody mess around with it and tell me if everything seems fine to you.
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  2. 05-28-11 07:15 PM #2
    turnip
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    That's the bettor's edge, not the house edge. As for the data itself, I'm not sure if it uses the most recent data.
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  3. 05-29-11 10:27 AM #3
    OSUCOWBOYS
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    Quote Originally Posted by turnip View Post
    That's the bettor's edge, not the house edge. As for the data itself, I'm not sure if it uses the most recent data.
    I think Ganch did those calcs years back. They are close but they don't have the last 3-5 years of data I don't believe.
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