Ganchrow...How to convert win probability to moneyline and spread in NCAAB?

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  • curious
    Restricted User
    • 07-20-07
    • 9093

    #1
    Ganchrow...How to convert win probability to moneyline and spread in NCAAB?
    Ganch,
    I use the log5 formula to calculate win probability for NCAAB. This formula is very accurate at predicting straight up winner/loser.

    I want to convert the probability to a moneyline and spread.

    I'm not sure how to do that. Any suggestions?

    Here is a game to use as an example.

    For today, Tuesday, Dec 9 I for the San Fransisco / Pacific game I have a win probability for San Fransicso of 68.35%
    and for Pacific the win probability is 31.65%.

    How would I convert these into moneyline and spread?
  • donjuan
    SBR MVP
    • 08-29-07
    • 3993

    #2
    Spread depends on the total. Moneyline should be obvious.
    Comment
    • dcbt
      SBR High Roller
      • 04-04-08
      • 185

      #3
      ML would be +/- 216

      If SF 68.35% is in cell A1, here's you ML calc in B1: IF(A1>0.5,-(A1/(1-A1))*100,-(-((1-A1)/(A1))*100))

      Or, similarly, If Pacific 31.65% is in A2, here's your ML calc in B2: IF(A2>0.5,-(A2/(1-A2))*100,-(-((1-A2)/(A2))*100))
      Last edited by dcbt; 12-10-08, 09:22 AM. Reason: typo
      Comment
      • Arilou
        SBR Sharp
        • 07-16-06
        • 475

        #4
        curious, I would simply go through a series of games on a Saturday or a few other days and look at the ML, spread and total for each game. That should give you enough examples to get a guide to translate MLs into spreads, or vice versa.
        Comment
        • smitch124
          SBR Posting Legend
          • 05-19-08
          • 12566

          #5
          There is also a spread to ML converter in the betting tools section of MySBR
          Comment
          • curious
            Restricted User
            • 07-20-07
            • 9093

            #6
            Thanks everyone.
            Comment
            • Ganchrow
              SBR Hall of Famer
              • 08-28-05
              • 5011

              #7
              You've gotten some fine advice here.

              For converting win probabilities to MLs check out the Odds Converter. You can also use the PROB2US() Excel function from my http://forum.sbrforum.com/handicappe...tml#post256487.

              As far as the spread to ML converter I can tell you as it's author I'd put little if any stock in its conclusions for all but the smallest of spreads. I'll also point that it completely ignores the impact of totals.
              Comment
              • raiders72002
                SBR MVP
                • 03-06-07
                • 3368

                #8
                Originally posted by Ganchrow
                You've gotten some fine advice here.

                For converting win probabilities to MLs check out the Odds Converter. You can also use the PROB2US() Excel function from my http://forum.sbrforum.com/handicappe...tml#post256487.

                As far as the spread to ML converter I can tell you as it's author I'd put little if any stock in its conclusions for all but the smallest of spreads. I'll also point that it completely ignores the impact of totals.
                It's still a great tool and can be used by all. I check it out all the time for comparisons.
                Comment
                • shearer
                  SBR Rookie
                  • 03-23-07
                  • 35

                  #9
                  How we can use log5 formula in soccer?
                  Comment
                  • Dfjay9
                    SBR MVP
                    • 12-04-08
                    • 1576

                    #10
                    Curious, do you think you could post a copy of your spreadsheet?
                    Comment
                    • curious
                      Restricted User
                      • 07-20-07
                      • 9093

                      #11
                      Originally posted by Dfjay9
                      Curious, do you think you could post a copy of your spreadsheet?
                      Let me figure out how I can put it on my mySBR page. I didn't forget you I am just VERY busy.
                      Comment
                      • Astig5150
                        Restricted User
                        • 12-29-08
                        • 17

                        #12
                        What is the true margin of vicrtory? I got this information.

                        Even DistributionA50.00%Probability of Home Team WinningB58.22%True Average Margin of VictoryC2.43722

                        Is this confirm? Please let me know. Thanks.
                        Comment
                        • Thomas_Garber
                          Restricted User
                          • 11-19-09
                          • 364

                          #13
                          Here is a great calculator that will convert moneyline odds into win probability and win probability into moneyline odds. http://www.bettingresource.com/conve...robablity.html
                          Comment
                          • uva3021
                            SBR Wise Guy
                            • 03-01-07
                            • 537

                            #14
                            I made a PHP US Odds Convertor

                            its buggy but works, i'll clean it up later
                            Comment
                            • cptbigsack
                              SBR Rookie
                              • 01-21-12
                              • 1

                              #15
                              Originally posted by Ganchrow
                              You've gotten some fine advice here.

                              For converting win probabilities to MLs check out the Odds Converter. You can also use the PROB2US() Excel function from my http://forum.sbrforum.com/handicappe...tml#post256487.

                              As far as the spread to ML converter I can tell you as it's author I'd put little if any stock in its conclusions for all but the smallest of spreads. I'll also point that it completely ignores the impact of totals.

                              I noticed you have some excel functions but was wondering if you had the spread moneyline converter for CBB in excel? I am trying to test a formula and my game results have the spread and my formula produces probability. If I had an excel function to convert it would really help. I want to test it against 8 years of data so manually isn't really an option. Any help is appreciated.

                              Thanks,
                              Dan
                              Comment
                              • ManBearPig
                                SBR MVP
                                • 12-04-08
                                • 2473

                                #16
                                As far as I've seen there isn't a clear cut way to achieve this, but I've used this for this type of thing. It may not give you exactly what you want, but it's all I've come across as I've seen no direct formula. I suppose that if one had all ML and spreads for x games they could attempt to create their own by looking at frequencies and relating them that way.

                                Point Spread Money Line

                                -2 -130/+110
                                -2.5 -140/+120
                                -3 -155/+135
                                -3.5 -175/+155
                                -4 -200/+170
                                -4.5 -220/+180
                                -5/-5.5 -240/+190
                                -6 -270/+210
                                -6.5 -300/+220
                                -7 -330/+250
                                -7.5/-8/-8.5 -360/+280
                                -9/-9.5 -400/+300
                                -10 -450/+325
                                Comment
                                • FourLengthsClear
                                  SBR MVP
                                  • 12-29-10
                                  • 3808

                                  #17
                                  Originally posted by ManBearPig
                                  As far as I've seen there isn't a clear cut way to achieve this, but I've used this for this type of thing. It may not give you exactly what you want, but it's all I've come across as I've seen no direct formula. I suppose that if one had all ML and spreads for x games they could attempt to create their own by looking at frequencies and relating them that way.

                                  Point Spread Money Line

                                  -2 -130/+110
                                  -2.5 -140/+120
                                  -3 -155/+135
                                  -3.5 -175/+155
                                  -4 -200/+170
                                  -4.5 -220/+180
                                  -5/-5.5 -240/+190
                                  -6 -270/+210
                                  -6.5 -300/+220
                                  -7 -330/+250
                                  -7.5/-8/-8.5 -360/+280
                                  -9/-9.5 -400/+300
                                  -10 -450/+325
                                  Those would be typical for an 'average' projected total. A 10 point favourite with an expected total of 110 is going to mean a lot more chalk than a 10 point favourite where 150 points is projected.
                                  Comment
                                  • subs
                                    SBR MVP
                                    • 04-30-10
                                    • 1412

                                    #18
                                    Originally posted by Arilou
                                    curious, I would simply go through a series of games on a Saturday or a few other days and look at the ML, spread and total for each game. That should give you enough examples to get a guide to translate MLs into spreads, or vice versa.
                                    ...
                                    Comment
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