How to Determine Edge- NBA Hypothetical

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • Newguyintown
    SBR Sharp
    • 12-24-05
    • 348

    #1
    How to Determine Edge- NBA Hypothetical
    I'm trying to determine the edge someone has (or in this case lack of edge) but I want to be precise in my analysis, at least from the assumptions I'm making. Take NBA.

    1) So let's say someone has +.2 line value on sides. I'm not quite sure what I'm doing but can I do this? I'm going to ballpark a side at 3.8% so I simply take 3.8 x .2 and that's .76. So do I project that they will hit 50.76% going forward??


    2) I'm not sure how this method relates to the above but lets say I have 51 plays and based on the SBR calculator I assess that 27 plays have 1.72% edge, 15 play have -6.48% edge and 9 plays have -2.38% edge. (I just kind of played around and taking an NBA spread of 8 I put "-105" into the 7.5 column to demonstrate the plays that closed a halfpoint good and got 1.72%; for the bad plays that closed a halfpoint bad I put "-105" into 8.5 and got -6.48% and then for the no moves I put "-105" into the 8 and got -2.38%) So I'm assuming reduced juice here.


    Then I take (27 x 1.72) + (15 x -6.48) + (9 x -2.38)=
    46.44 + (-97.2) + (-21.42) =
    -72


    -72/51 plays = -1.4% per play


    Any idea if these are good techniques, how 1 and 2 go together?

    Newguyintown
  • a4u2fear
    SBR Hall of Famer
    • 01-29-10
    • 8147

    #2
    For question 2, I converted all your edges to decimal and compared to the -105 lines (and implied probability) you were betting and arrived at a total cumulative edge of -1.6% over 51 plays; which is likely the same conclusion you came to but due to rounding and approximations made in the calculations.

    Question 1, what do you mean by "ball parking a side at 3.8%"
    Comment
    • theclutch7
      Restricted User
      • 12-14-10
      • 366

      #3
      Tease 4 pt 22 to win 20
      Comment
      • Newguyintown
        SBR Sharp
        • 12-24-05
        • 348

        #4
        [QUOTE=Question 1, what do you mean by "ball parking a side at 3.8%"[/QUOTE]

        I mean assuming a point is worth about 3.8% so if you are +.2 I just went 3.8 x .2 = .76. So 50.76%?
        Comment
        • killer chipmunks
          SBR Sharp
          • 01-23-12
          • 335

          #5
          !!!
          Comment
          SBR Contests
          Collapse
          Top-Rated US Sportsbooks
          Collapse
          Working...