Game A you beat the closing number by 10 cents
Game B you the closing number beats you by 6 cents
Overall you have beaten the closing lines by 4 cents.
Assuming that both markets are equally efficient is this a reasonable way to determine whether or not you have an overall edge on your wagers for the day?
Without accounting for the stakes sizes you cannot assess your perceived edge. I think the better approach is to calculate the change of your position worth using the same spreadsheet I referred you to in another thread: http://www.sportsbookreview.com/forum/handicappe...readsheet.html
Last edited by Data; 01-08-09 at 12:12 PM.
Reason: wording
You're welcome, sir. Actually, you do not need the spreadsheet for this. You can just price your position to market. The spreadsheet is invaluable nonetheless, it perfectly illustrates that the size of your position is essential.