Can someone tell me or point me to where I can learn how to calculate edge on over/under bets? Thank You in advance. - 1
Calculating Edge on Over/Under
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1SBR Rookie
- 07-05-09
- 30
#1Calculating Edge on Over/Under
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pacoSBR Aristocracy
- 05-07-09
- 62873
#2Covers, cleanuphitter, sbrlinesComment -
MonkeyF0ckerSBR Posting Legend
- 06-12-07
- 12144
#3It's similar to spreads. Get a book called Sharp Sports Betting by Stanford Wong. It explains how to create push frequencies with a radius and determine your edge with that methodology. You'll need an accurate database of at least 5 seasons with scores and totals to accomplish this.
There are other methods to estimate your edge. For instance, if you're modelling games and you output a scoring distribution, you could extract your edge via the distribution. However, that's quite a bit more involved.Comment -
MonkeyF0ckerSBR Posting Legend
- 06-12-07
- 12144
#4When I say totals, I mean closing totals on an efficient market such as Pinny, Cris, or Oly. Some take the mode of several efficient closers...Last edited by MonkeyF0cker; 08-03-09, 07:44 PM.Comment -
1SBR Rookie
- 07-05-09
- 30
#5Thanks F0cker- have Stanford's book somewhere around here. I'll check it out.
I am modeling games that's the angle I was leaning towards.Comment
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