Found myself in a situation the other day in which I wasn't sure how to proceed. A friend of mine offered me Carolina Panthers under 4 wins even money, but it is a half game off of market value.
Assume, in this case I have two options:
Option one is taking Carolina Panthers under 4.5 wins (-130)
Option two is taking them at under 4 wins (EV).
Which option gives you a larger edge? How much are you actually giving up with that extra half game? This is obviously different than computing half points for each individual game, and my initial thoughts are that Option 1 would be better (at first glance).
Can anyone help me on the math for this one?