Matchbook commission conversion tool...

[toastedbread01]

Is there a tool that will allow me to recalibrate the ML with the commission factored in?
Instead of having to calculate it manually with a calculator.

[Justin7]

Quick "close" rule: 1% commission adds 2 cents of juice.

Accepting an offer at +100 with a 1% commission is very close to betting at -102.

[Justin7]

Caveat - that is good for moneylines close to -100. Adding 2% to the price is reasonable as you go up, but it loses accuracy when you get high - like -1000.

[durito]

http://forum.sbrforum.com/handicapper-think-tank/29621-simple-vba-sports-betting-functions-template-excel.html#post256487

[toastedbread01]

http://forum.sbrforum.com/handicappe...tml#post256487

(#27) Thanks.

[illfuuptn]

Help me out here...I thought 1% commission meant if you bet $100 to win $200 and won then they would take 1% of the smaller number($100) so you would get $199 instead of $200 meaning the juice is valued at 1 so a +200 line is essentially a +199 line
???

[skrtelfan]

Help me out here...I thought 1% commission meant if you bet $100 to win $200 and won then they would take 1% of the smaller number($100) so you would get $199 instead of $200 meaning the juice is valued at 1 so a +200 line is essentially a +199 line
???

They deduct 1% win or lose, so you're risking $101 to win $199 rather than $100 to win $200, as they'll either add $1 to your $100 loss, or deduct $1 from your $200 win. 199/101 is about +197.

[u21c3f6]

You are wagering $101 to win $199. The commission is charged win or lose.

Joe.