1. #1
    Club
    Club's Avatar Become A Pro!
    Join Date: 07-18-09
    Posts: 703
    Betpoints: 6158

    Simple Percentage Related Question

    How do you calculate the translation from the likelihood that a team will win to the appropriate odds? In other words, if I determine that a side or total has a 63% chance of winning, how do I calculate what the odds should be to determine value? What is the formula? Thanks in advance.

  2. #2
    LT Profits
    LT Profits's Avatar Become A Pro!
    Join Date: 10-27-06
    Posts: 90,963
    Betpoints: 5179

    .63/(1-.63) = 63/37 = -170

  3. #3
    Club
    Club's Avatar Become A Pro!
    Join Date: 07-18-09
    Posts: 703
    Betpoints: 6158

    thanks

Top