how to calculated expected probability

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • diggity.diggity
    SBR Rookie
    • 01-20-15
    • 27

    #1
    how to calculated expected probability
    Hi guys,
    Say I think GsW have a 52% chance of winning hypothetical game outright.
    How would I calculate the probability of them winning +2.5 and also does the formula change if it's -2.5?
  • statnerds
    SBR MVP
    • 09-23-09
    • 4047

    #2
    are you saying you are making your own number, but only for the ML? oh, so you are in need of a formula to assign values to each incremental point? I would actually suggest looking at the SBR push rate calculator.
    Comment
    • diggity.diggity
      SBR Rookie
      • 01-20-15
      • 27

      #3
      Originally posted by statnerds
      are you saying you are making your own number, but only for the ML? oh, so you are in need of a formula to assign values to each incremental point? I would actually suggest looking at the SBR push rate calculator.
      you got the idea what im trying to do correct.

      im trying to come up with kelly bet sizing with what i think should be the true line as compare to the bookies.

      i had a look at the calculator but im not sure if im doing it right.
      for example in tonights game i assumed nyk should be +2.5 against the mavs
      line was at +12 for the knicks putting the odds at -110 on both sides i got the probability of nyk covering +12 at 86.94% but thats way too high i think?
      Comment
      SBR Contests
      Collapse
      Top-Rated US Sportsbooks
      Collapse
      Working...