1. #1
    Jship07
    Update your status
    Jship07's Avatar Become A Pro!
    Join Date: 08-17-12
    Posts: 64
    Betpoints: 536

    Fair price

    Any know how to calculate run projections into odds. Say team a is projected to score 4.8 and team b is projected to score 4.2. what would a fair price be in mlb?

  2. #2
    Optional
    Optional's Avatar Moderator
    Join Date: 06-10-10
    Posts: 57,597
    Betpoints: 9208

    Maybe I am over simplifying it but if you have run projections can't you just imply the 4.8 team has 53.33% probability of winning and convert that to no-vig odds of -114/+114 ?

  3. #3
    Waterstpub87
    Slan go foill
    Waterstpub87's Avatar Become A Pro!
    Join Date: 09-09-09
    Posts: 4,043
    Betpoints: 7236

    Team A: 4.8^2/(4.8^2 + 4.2^2) = ~23/40.64=~57%

  4. #4
    turbobets
    turbobets's Avatar Become A Pro!
    Join Date: 01-13-06
    Posts: 921
    Betpoints: 13697
    Points Awarded:

    Optional gave turbobets 2 Betpoint(s) for this post.


Top