Maybe I'm on vapor lock, I'm not sure. But how do I get projected odds for winning a 4 or 8 team tournament?
Here's a sample 4 game set up with A vs B, C vs D and their chances of winning those games.
A .56
B .44
C .94
D .06
I converted a projected spread to odds using the NORMDIST function on excel. Team A would play team C in the championship with team C having a .61 to .39 edge over team A converting a spread to win pct.
My question is how do I go about getting odds for each team to win the tourney before it starts.
I have 4 separate 8 team tournaments I'd like to do this for based on High School teams locally, I'm just having a hard time getting the numbers to add up to 100% at the end. Any help is appreciated.
I have all the projected spreads for each game, and can give a winning pct for each game, but how I do I put it all together. Thanks
Here's a sample 4 game set up with A vs B, C vs D and their chances of winning those games.
A .56
B .44
C .94
D .06
I converted a projected spread to odds using the NORMDIST function on excel. Team A would play team C in the championship with team C having a .61 to .39 edge over team A converting a spread to win pct.
My question is how do I go about getting odds for each team to win the tourney before it starts.
I have 4 separate 8 team tournaments I'd like to do this for based on High School teams locally, I'm just having a hard time getting the numbers to add up to 100% at the end. Any help is appreciated.
I have all the projected spreads for each game, and can give a winning pct for each game, but how I do I put it all together. Thanks