Calculating fair odds betting on Patriots vs. Vikings in Super Bowl?
What is the best fair market value for this match up betting it to happen now before the season starts. I wouldn't place the wager because of injury factors, but let's discuss the setting of odds predicting the match up.
Thanks
aggieshawn
SBR MVP
01-24-07
4377
#2
Are we talking about Madden as this is the only way these two meet.
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The General
SBR Posting Legend
08-10-05
13279
#3
No Sir. What if a bettor really wanted to wager this?
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MonkeyF0cker
SBR Posting Legend
06-12-07
12144
#4
Not sure what you're asking here, General. Do you want to know how to calculate the odds on a future like AFC or NFC champion? Or do you wanna know the best way to bet it?
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MonkeyF0cker
SBR Posting Legend
06-12-07
12144
#5
P.S. - Could you please clean up some of the threads in here. There are a couple that belong in the Sportsbooks & Industry forum and one asking where a poster is...
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MonkeyF0cker
SBR Posting Legend
06-12-07
12144
#6
After re-reading, apparently you wanna know how to calculate the odds...
That's a pretty loaded question. It would take quite a bit to explain, and probably not best to divulge in a public forum.
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The General
SBR Posting Legend
08-10-05
13279
#7
I am curious how a bettor would go about seeking the best odds possible if asking for this future match up. And how are those odds determined?
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roasthawg
SBR MVP
11-09-07
2990
#8
Well if the Patriots have a 1 in 4 chance of going to the Super Bowl and the Vikings have a 1 in 10 chance that's a 1 in 40 chance of both teams meeting in the big game. So even odds on that bet would be +3900... less vig I'd look for a line of +3500 or so.
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MonkeyF0cker
SBR Posting Legend
06-12-07
12144
#9
Originally posted by The General
I am curious how a bettor would go about seeking the best odds possible if asking for this future match up. And how are those odds determined?
If I were you, I'd just bet each to win their conferences. To calculate fair value, you'd need to either sim the season and playoffs or setup matchup odds (ML odds) for each teams' schedule (including who they would face in the playoffs), calculate the odds of each permutation, and add them all up.