Looking for a bit of math help here...
If I know a certain number has a push percentage of X, what is the math behind calculating how many cents it is worth? For example, if I find out that CFB total of 55 pushes exactly 8% of the time (obviously not true, but for the sake of argument), how would I figure out how many cents it is worth to play 54.5 & 55.5?
Real world example: 3 in the NFL pushes at a rate of approximately 10%, and is worth approximately 22 cents. How is that 22 cents calculated?