1. 02-03-11 01:39 PM #1
    crinkledaces
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    how do i figure up ev% and las vegas %

    Please someone help im ready to kill myself trying to figure the formula for this. I know its something simple i just forgot what it was.
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  2. 02-03-11 02:05 PM #2
    crinkledaces
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    helppppp!!!!!!
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  3. 02-03-11 02:07 PM #3
    jgilmartin
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    What do you mean by "Las Vegas %"?
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  4. 02-03-11 02:11 PM #4
    crinkledaces
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    what the win percentage is on a money line say -140 vs +130. When vegas puts the line out it expects the fav to win a certain percentage of the the and that is what has them put the line out at -140.
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  5. 02-03-11 02:46 PM #5
    Blax0r
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    I'm sure there's an easier way, but this is how I do it.

    Side A & Side B; A is the fav, B is the dog (with the lines you just stated).

    Compute these "pseudo-probabilities" (no idea what they're actually called):
    -fav: 140/(140 + 100) = .583333
    -dog: 100/(130 + 100) = .434783

    Sum these: 1.018116

    Now get the actual probabilities by setting the sum to 1 and making sure the ratios are still correct:
    -fav: .583333/1.018116 = .573
    -dog: .434783/1.018116 = .427

    Basically, just memorize the EV equation, plug in the lines, solve for the win probability.
    Last edited by Blax0r; 02-03-11 at 02:52 PM.
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  6. 02-04-11 04:45 AM #6
    JustinBieber
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    SBR Tools >> Odds Converter
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  7. 02-04-11 06:56 AM #7
    crinkledaces
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    thanks
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