Anyone have a table of the necessary win % needed to win units at incremental vig values
i.e.
You must win ____% on lines that are
-110
-120
-130
-140
.....
-250
.....
-400
As well for odds that have 2 outcomes
I know that -110 & -110 is a 10 cent line
how would calculate that for a 3 way wager that lets say is
+105 / +200 / +260
Vig = 100* {[ (1/p + 1/q + 1/t)-1 ] / 1/p + 1/q + 1/t}
pqt each represent the decimal value of each outcome
If thats the case then
V = 100* {[1/2.25 + 1/3.5 + 1/2.75]-1} / [1/2.25 + 1/3.5 + 1/2.75]
V = 100* 0.085752
V = 8.5752
Ex B.
for a 2 way wager its
Vig = 100* [1-(p*q/p+q)]
lets say -130 & +110
or 1.77 & 2.1
V = 100* [1-(1.77*2.1/1.77+2.1)
V = 100* [1-(0.9605)
V = 3.9534
What conclusion do you draw from this vig figure?
in A is there a 8.5 cent fee on these odds
where in B there is only a 3.95 fee?
This would assume that the 3 way wager has a markup of nearly 4.5 cents of vig?