I don't get this converter. I know how to use it, but the results don't seem right. And what does the edge mean? House edge? Well, that can't be, because if you put in +100 and +170 for the ML, it comes out to be like 13%. Wouldn't it be negative? I dunno, somebody mess around with it and tell me if everything seems fine to you.
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I don't get this converter. I know how to use it, but the results don't seem right. And what does the edge mean? House edge? Well, that can't be, because if you put in +100 and +170 for the ML, it comes out to be like 13%. Wouldn't it be negative? I dunno, somebody mess around with it and tell me if everything seems fine to you. -
That's the bettor's edge, not the house edge. As for the data itself, I'm not sure if it uses the most recent data.Comment -
I think Ganch did those calcs years back. They are close but they don't have the last 3-5 years of data I don't believe.Originally posted by turnipComment