1. #1
    toastedbread01
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    Matchbook commission conversion tool...

    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.

  2. #2
    Justin7
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    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.

  3. #3
    Justin7
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    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.

  4. #4

  5. #5
    toastedbread01
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    (#27) Thanks.

  6. #6
    illfuuptn
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    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
    ???

  7. #7
    skrtelfan
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    Quote Originally Posted by illfuuptn View Post
    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.

  8. #8
    u21c3f6
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    You are wagering $101 to win $199. The commission is charged win or lose.

    Joe.

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