1. #1
    chilidog
    chilidog's Avatar Become A Pro!
    Join Date: 04-05-09
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    Best way to convert spread to ML to determine closing line value?

    I initially started using the 1/2 pt calculator to determine this, but it's a PITA to do this all the time. With everything else I have automated in my spreadsheet, I wanted to do this the same, so I started brainstorming different ways. I also don't know how current the 1/2 pt calculator is kept up to date with fresh data on push probabilities.

    One option is to record the ML price of the spread bet I make and get probability % based on that, then determine CLV based on closing ML.

    Another option is that I scraped all the closing lines for all the main US sports since 2019 and have them in a table in a separate sheet of my spreadsheet. If I grabbed the average ML value for, for example, every time the spread was -7 -105 in the NFL, would that be close enough to determine CLV?

  2. #2
    solring
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    Quote Originally Posted by chilidog View Post
    I also don't know how current the 1/2 pt calculator is kept up to date with fresh data on push probabilities.
    From what I understand, it hasn't changed in 5+ years...

  3. #3
    Optional
    Optional's Avatar Moderator
    Join Date: 06-10-10
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    Quote Originally Posted by chilidog View Post
    Another option is that I scraped all the closing lines for all the main US sports since 2019 and have them in a table in a separate sheet of my spreadsheet. If I grabbed the average ML value for, for example, every time the spread was -7 -105 in the NFL, would that be close enough to determine CLV?
    That's exactly how my simplistic brain would deal with it.

    Have you compared that to what the ½ point calculator reports?

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